OutofCBD
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2021-04-19

How to Trade OTC Counter on Tiger?

Unlike Moomoo, $Tiger Brokers(TIGR)$allow the OTC trading for stocks in OTCQX, OTCQB and Pink. We just need to do a one time approval to start trading.1. Go to any OTC stocks. Example: $PEAK POSITIONNG TECHS(PKKFF)$2. Click on Trade.3. Request for Trading OTC.You will see a screen similar to above.OTC counter are high risks high rewards counter and therefore not suitable for everyone. When get it right, you can easily see 2-10x return for OTC counter. Especially when it get listed to NASDAQ. Note: Most OTC stocks don’t get listed to NASDAQ. Some choose other exchange. Never risk more than you can lose completely on an OTC counter.I don’t trade OTC counter often and when I do, I go
How to Trade OTC Counter on Tiger?
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2021-06-01

The Meme and WSB stocks making move again!

$AMC Entertainment(AMC)$, $BlackBerry(BB)$and $GameStop(GME)$are trading at +17%, +9% and +4% Look like the wsb gang are at it again.We also seeing some positive on some othercommonly mention stocks on Reddit like $Palantir Technologies Inc.(PLTR)$and SPCE.Looking at the chart till Friday, the last trading many of the stocks has not run to the point where we see drastic weakness on its volume. Today will be an interesting trading day. We will likely see some upward momentum to continue base on the current Pre-market trading. If we continue this momentum to market close, we will likely see more opportun
The Meme and WSB stocks making move again!
avatarOutofCBD
2021-05-06

Cathie Wood Continue to add into this 3 stocks

Cathie Wood added more SKLZ, PLTR and DKNG. Should we go in yet?For the past few days, market continue to trend downwards. $Skillz Inc(SKLZ)$continue its downwards momentum same as $Palantir Technologies Inc.(PLTR)$.$DraftKings Inc.(DKNG)$also broke its 150MA and go below $53. After taking profit in same position last week, I been holding to still. At least for me, it look about time to buy slowly into some on their next support level. Ofthe 3, I will likely go for PLTR who have strong revenue first. I still have a sell PUT position on SKLZ. But for short term scalp trading, DKNG and PLTR offer better range of intraday support and resistance&
Cathie Wood Continue to add into this 3 stocks
avatarOutofCBD
2021-06-14

Got all the TIGER letters for 7th anniversary!

Thanks to the help of everyone and also finding the relevant article to comments. Simple but fun event, looking forward to the price!$Tiger Brokers(TIGR)$always awesome to run event to share the joy with the customers!
Got all the TIGER letters for 7th anniversary!
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2021-05-14

If history repeat again, are you ready?

Just slightly more than a year ago, Singapore go to circuit breaker and STI have a massive dips. Will this time be similar or different? An announcement today and we can alreadysee panic selling in stock market and panic buying of toilet paper again.  However, I think that many people who are in the stock market will remember the V shape recovery. We are unlikely to see a massive drop and thus no sharp recovery, unless the global market also go back to lockdown. China are doing well and US doesn’t seems to care. In SG, we can prepare to go for stocks that got overreacted to drawdown but certainly pick pretty healthy debt stocks. Chance to add into REITs like $ASCENDAS HOSPITALITY TRUST(Q1P.SI)$for a long term investment are wit
If history repeat again, are you ready?
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2021-03-29

Taking Advantage of Archegos liquidation

By now, you should have heard about the massive liquidation and block trade happeningon Friday. So how can we take advantage ofthis?I think the initial opening will be interesting. There are likely many people who going to jump right in to buy the liquidated stocks as they believe in the story of no fundamental wrong with the company. I do think that this is a chance to make money, but is too risky to go in right at the start.My strategy is to pay attention to the counters that are likely by them:The above are the counter own bank for all its client, not just Archegos. But you can see the pattern from those counter in the bank holding. If having a large enough position to affect the market, it likely belong to one of the above.I won’t suggest to jump
Taking Advantage of Archegos liquidation
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2021-05-05

Earning Rocket or Dive for ARK favourite?

ARK continue to add big amount into $Skillz Inc(SKLZ)$, $Palantir Technologies Inc.(PLTR)$and $Coinbase Global, Inc.(COIN)$. Cathie Wood add almost 3M of SKLZ, 1.6M of PLTR and 200K in COIN. SKLZ reported a good 92% yoy revenue butare still trading a premarket dip of 2%. Feel like it should start trending up but the smaller tech stocks are struggling to break its resistance. Still holding a sell PUT with strike of17.5 but will continue scalp trading on SKLZ if the support and resistance bounce continue. PLTR will report its earning on Premarket 11 May while COIN will be reporting its earning on 13 May post market.&
Earning Rocket or Dive for ARK favourite?
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2021-07-11
With the new regulation in tech company, $Alibaba(BABA)$already face the wrath and fine. Other tech company are beginning to face investigation too.Generally all tech company in China will be affected but the larger company with strong fundamentals should come out on top. Once all is over and the sentiment turn back positive, we should see Alibaba going closer to $300. At the meantime, I will look to buy in at every support level.
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2021-04-23

Crypto Sink with Biden’s Capital Gain Tax News

Stocks related to Bitcoin like $Riot Blockchain, Inc.(RIOT)$and $Marathon Digital Holdings Inc(MARA)$drop at the moment of Capital Gain Taxes. $Coinbase Global, Inc.(COIN)$also fall below its strong support of $300 now.Bitcoin fall below 50k before recoveringBitcoin across different exchange fall below its strong support of 50000USD before recovering.During premarket MARA and RIOT dips up to 10% before recovering. It is still early to dive right in. I will be monitoring this two for today swing trade. Abit short bias on these but we have to see the price action first. If they convincingly break the 100MA at around 34.5 for RIOT and 27.5 for MARA, we quite p
Crypto Sink with Biden’s Capital Gain Tax News
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2021-04-14

COIN DPO - Yes or No?

Can’t remenber when was the last IPO have we have so much contraction between a company. There are many cryptocurriencs. Some are bubble just like tech bubble when started. But the strong always survive. The good thing is; $Coinbase Global, Inc.(COIN)$don’t care. Coinbase is just an platform for trading cryptocurrency.In FTX, they are already trading the pre-ipo contract at 500-600$ range. Yes for me. I will look to get it in the $250-$280 range so I can day trade it before I sleep. But I likely won’t hold a large position for too long. Will you trade, hold or ignore $Coinbase Global, Inc.(COIN)$?PS: Not a financial advice. Don’t bindly follow a g
COIN DPO - Yes or No?

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