$Seatrium Ltd(5E2.SI)$ A quick 1 day swing trade (got in at $2.14 and got out at $2.16) just to test out to see whether Cash Boost Account (CBA) works better with SG or US stocks.
So far the experience seems to be better with US stocks as compared to SG stocks, as there are bigger movements with US stocks. But of course, greater volatility means bigger risk. That being said, as SG stocks tends to come at a smaller price, trading SG stocks would mean that we have to purchase in bigger bulk position (similar to penny stocks) thus any minor movement to the stock's price will affect your owned price.
Just to put things in perspective with an example, lets say you purchased an SG stocks at $1 (owning 1000 shares). If the stock have any movement by $0.1 e.g. current stock rised to $1.1, your position will now be $1100 which essentially on paper means you profit $100 (vice versa if stock now is $0.9, you lost $100).
At the end of the day, it just boils down to your preferences and trading style.
Stay safe and trade safe, fellow Tigers!
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