Omega88
2022-08-22

Speculative stocks allow you to earn higher % of profits than value stocks within a shorter term frame. Personally, bulk of my investments are in value/growth stocks and occasionally I would buy some speculative stocks!! $Bed Bath & Beyond(BBBY)$$AMTD Digital Inc.(HKD)$

Just to share some personal experiences when I first started buying US stocks. Unlike SGX market, you can start to buy/sell your stocks during pre-market for US market. 

In the past, I would use DBS Vickers to buy/sell my stocks as it has one of the lowest commission fee for SGX stocks (using cash upfront) and the SGX stocks will be deposited under my CDP account. Furthermore, I do not want to take up the extra hassle to create and manage more trading accounts. 

I remembered everything changed during early 2021, when I was unable to sell and lock my profits for my hot speculative stocks like $Sundial Growers Inc.(SNDL)$, $Nano Dimension(NNDM)$!! I still recalled vividly from a whooping +30% extra gain during opening of pre-market to 0% gain when the US market opens. 

I told myself it's time to change and I have chosen $Tiger Brokers(TIGR)$since then, so that i can buy/sell freely during US pre-market! I'm still holding my free $Apple(AAPL)$share from Tiger Brokers till now. The ability to buy/sell during pre-market is very important for speculative stocks, as you want to faster buy at lowest possible price/lock your profits/minimize your loss before everyone else. 

Do you have similar experience before?? Do share here with me! 

@Daily_Discussion@CaptainTiger@TigerStars@MillionaireTiger

Do you profit most from Specualtion/Value Investing?
A 20-year-old US university student has earned $110m from BBBY. Some people think he's success mainly comes from speculation; while others say he is a veteran in stock market. Do you profit most from speculation or value investing? Post in the topic and win hundreds of tiger coins~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Lynn098
    2022-08-23
    Lynn098
    With speculative stocks, timing is everything as it usually rise and fall fast. Value stocks are for investors looking into the long term and timing is less critical
    • Omega88: 
      Yes, I agree on 1st part. Although timing is less critical for value stocks, it's better to buy at a discount during a bear market like now!! Do u agree with me?
  • Yckit2000
    2022-08-22
    Yckit2000
    Risk vs rewards; sometimes you win, sometimes you lose
    • Omega88: 
      Yes agreed, not all trading platforms allow u to buy/sell during pre-market
  • LMSunshine
    2022-08-23
    LMSunshine
    Thanks for sharing🤗
  • Cklew
    2022-08-22
    Cklew
    thanks for sharing
  • MasterStonker
    2022-08-22
    MasterStonker
    yayayaya papaya
  • MdNasir
    2022-09-21
    MdNasir
    👍
Leave a comment
47