Some tigers might notice TigerTrade V8.0.5 has launched a new cost method--average cost method. After updating to V8.0.5, tigers can choose among three costing methods: the average cost method, first-in first-out and diluted cost method. So what is the difference among the three different cost methods? What happens to the app after switching between different cost methods? Tiger Product Manager takes you to learn about the cost methods.Currently TigerTrade provides three of the most widely-used cost methods, including average cost method, FIFO and diluted cost method. Tigers can select the cost method in 「Profile」-「Setting」-「Trade Setting」-「Position Setting」according to your preferences.For example： Day Action # of Shares Closing Price Transaction Fees Day 1 Buy 100 Shares APPL $170
Economic Calendar Economic Calendar starting 17 Oct 2022. Here are some important considerations in lieu of the coming economic calendar: China's GDP is important as it reflect the status of the global recovery. Thus, the outlook of China's GDP can be taken as a view of the global recovery. If China's outlook turns bearish, this can be a preview of the global market especially with China being the global factory. Building permits (Sep) - may turn negative due to the falling housing sentiments. Crude oil inventories - can be seen as a forward indicator of market demand. The producer's consumption of oil inventories is based on their "anticipated" demand. Should the consumption be lesser than expected, it is a bearish indicator for the coming consumotion. Initial Jobless
Apple has enjoyed impressive gross margin of over 40 percent for most quarters. It's impressive brand equity coupled with its apple store that lead to an ecosystem that is such a powerful money making machine. But is it breaking down now? Is Apple losing its magic? I saw comments that there is no special feature of iPhone 14 as compared to other earlier versions. We saw Apple lowering its demand forecast for iPhone 14 that led to apple share price plunge as well as its list of vendors. Is it a one off event of a poor product or many more to come? I saw Ive, a long time lieutenant of Steve Jobs left awhile back. If I did not recall wrongly, he is the chief design officer.. For a product to do well, it must meet customers' demand in terms of specifications, including features, brand, social