Recent content by Market_Observer

Malaysian Ringgit is not freely traded on international forex market. Will Ringgit currency pair be available on IBKR as well? If Ringgit is not easily accessible, even if Malaysian stocks are available, how can international investors buy Malaysian stocks?

Ensure smartphone settings are set to minimize security risks The most dangerous device to be hacked in my possession is my smartphone. I guard my phone with the same level of security as I did for my rifle during National Service (all Singaporean males are conscripted for 2 years). If you own...

This new ETF is closing. That was a quick end. Lives up to its symbol name NOPE. NOPE ETF has dropped 59% since its September debut. In the mean time, S&P 500 rose 23% Nasdaq 100 jumped some 36%. I would like to hear from the fund manager what lessons he has learnt from this debacle. He has...

I'm a Singaporean. Zero capital gains tax over here. 30% withholding tax on dividends from U.S stocks. This withholding tax is imposed by the U.S. government. Zero tax on dividends(local and foreign stocks) from the Singapore government. Singapore is a paradise for capitalists.

Good point. I can only speak for myself. The 5% yield on FTX last year was for liquid cash that I can deploy at a moment's notice for my delta-neutral positions. The lending interest was far more attractive than 5%. I wrote software to monitor the lending interest. Take a look at some of the...

I don't understand. If FTX were running a Ponzi scheme and running out of money, the last thing they want to do is limiting the yield to the first 100k. This change of policy encourages the big whales with millions in FTX to withdraw their funds. It does not make sense for Ponzi scammers to do this.

In an earlier post, I wrote about how I made a stable income on FTX before the whole fraud unravelled. It is easy to learn the wrong lessons in investing because an investor can make money despite being very wrong. Customers of FTX who escaped with some profits should not gloat about it. They...

Thank you for sharing your humbling experience. One thing stood out in your experience. Your trading capital as a full-time trader was $150,000 and that represented your entire savings. I don't know what is your monthly cost of living. While $150,000 is a decent sum as savings, it certainly...

One major advantage CFDs have over futures is flexibility in position sizing. Traders with small accounts find the position size of even 1 futures contract too large for their appetite. This makes it difficult for managing risk. CFDs allow for much smaller position sizes. Most customers of CFDs...

They are articles written by me.

To help me track financial markets in a customized format to my liking, I developed websites(1, 2, 3, 4, 5) made available for free to the public. Here are the results for 2022. Top ranking of stock indices in 2022 (USD-adjusted). Source...

Do you mind revealing what you estimate as enough profits to be noticed?