America Processing

America Processing providing specialized services to variety of industries that would like to get started with accepting credit cards for their customers. For existing industries that already offer credit card service to the customer, America Processing can help to improve the process to be more efficient and cost-effective.

As different businesses have different target consumers, America Processing will work closely with every business to help find the right program which suit their industry needs. There are some other info and details regarding America Processing on the following location sport-inter, markosweb, mecozz.

Rapid Rivet

Rapid Rivet maintains a large inventory of aerospace and commercial rivets, in stock and ready to ship. As the largest stocking distributor of rivets and rivet tools, it carry solid rivets in numerous materials, including Monel, Aluminum, Stainless and Steel.

Rapid Rivet is authorized stocking distributors of Solid Rivets, Semi-tubular rivets, Blind Rivets, Rivet-nuts, Threaded Inserts and the Tools you need to install them, from Aerospace Solid Rivets and Monel Solid Rivets to Semi-tubular rivets. It has complete knowledge of products details and insure it will meet the mil-spec of OEM specifications. There are many different heads styles, size ranges and materials in stock available which approximately about 50,000 line items.

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Fan And Duct Silencers from Isolation Technology

Duct Silencers from Isolation Technology are a practical and economical way to reduce noise in your duct system. It can significantly reduce fan noise and transmitted cross-talk when its installed between fans and working areas. It offer superior sound transmission reduction.

Other than that Isolation Technology which is your source of most industrial exhaus and supply silencers offers a rich variety of sound, vibration and acoustical control products, such as vibration isolation NS mounts. If you would like to learn more about these products, you may visit their website or contact Isolation Technology directly to talk with their expert engineers and sound specialists.

Fivestarpayments

Fivestarpayments is one of the solutions that able to provide your business to offer credit cards as a payment option. It can help to increase your business profits and reducing the credit card processing fees so that it might increasing your sales. The experts will help to review your nature and type of business individually to determine exactly what your business needs.

The advantages of using fivestarpayments services are Highest level of customer service, professional staff, expertise and knowledge, lowest prices of your type of business, credit processing services, specialize in helping businesses.
You can make a consideration whether you are ready to accept credit card from your customers. To get on it step by step, you can get more details here Get started. There are some frequently asked questions about this service that you can get it here FAQ.

You can apply the services online through the following link Apply now

Fivestarpayments

Fivestarpayments is one of the solutions that able to provide your business to offer credit cards as a payment option. It can help to increase your business profits and reducing the credit card processing fees so that it might increasing your sales. Your nature and type of business will be be reviewed individually to determine exactly that your business needs.

There are many advantages of using fivestarpayments, which are services are Highest level of customer service, professional staff, expertise and knowledge, lowest prices of your type of business, credit processing services, specialize in helping businesses.

You may consider whether you are ready to accept credit card from your customers. To get on it step by step, you can get more details here Get started. There are some frequently asked questions about this service that you can get it here FAQ. If you are interested, you can apply the services online through the following link Apply now

Gold Coins Gain

Gold is the world's most liquid investment trading in the world daily. The market never closes, so that anyone can trade gold in any country at any time. Gold coins are one of the precious metals that traded in big volume daily. GoldCoinsGain.com is the online resource for gold coins and gold bullion acquisition.

Investors can buy gold coins or gold bullion or finding any info related to gold such as spot price of gold, gold grade, gold history, gold coin performance and gold liquidation from this GoldCoinsGain.com. To get more details about gold coins, you may find it here.

If you wish to find more information about gold investment, you can find it from this link. If you are interested to find out more, you may check the details from the website or contact them by following through this link.

America Processing

Nowadays, Credit Card is the most convenient way to do payment for most of the transactions, especially online transactions. If you have your own business, and you would like to allow your customers to use Credit Card for their transaction(s), America Processing will be the good solution for it.

America Processing understands the ins and outs of different type of industries and provides specialized services for credit card processor. Some of the industries that America Processing are specializing at include Attorney, Automotive, E-Commerce, Insurance, Restaurant, Retail, and much more. If you would like them to contact you and come for your business needs, you can apply through this form Contact America Processing

Currently, America Processing has setup small and large volume businesses in all 50 states which are Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming. If you would like to apply online, you can use the following form Apply America Processing

Gold Coins Gain

Gold is the world's most liquid investment trading in the world daily. The market never closes, so that anyone can trade gold in any country at any time. Gold coins are one of the precious metals that traded in big volume daily. To get more details about gold coins, you may find it here.

GoldCoinsGain.com is the online resource for gold coins and gold bullion acquisition. Investors can buy gold coins or gold bullion or finding any info related to gold such as spot price of gold, gold grade, gold history, gold coin performance and gold liquidation from this GoldCoinsGain.com

If you wish to find more information about gold investment, you can find it from this link. If you are interested to find out more, you may check the details from the website or contact them by following through this link.

Five Star Payments

Fivestarpayments is one of the solutions that can help to expand your business by facilitate your business to offer credit cards as a payment option. It can help to increase your sales by reducing the credit card processing fees and increase your business profits. The experts will help to review your nature and type of business individually to determine exactly what your business needs.

There are many advantages of using fivestarpayments services that are Highest level of customer service, professional staff, expertise and knowledge, lowest prices of your type of business, credit processing services, specialize in helping businesses.
You can make a consideration whether you are ready to accept credit card from your customers. To get on it step by step, you can get more details here Get started. There are some frequently asked questions about this service that you can get it here FAQ.

You can apply fivestarpayments services online through the following link Apply now. You can fill up your details with your company details on that page.

Forex Trade update

You may refer to http://moneyfinancenews.blogspot.com/ for my Forex daily trade. Enjoy :)

FiveStarPayments

Fivestarpayments is one of the solutions that able to provide your business to offer credit cards as a payment option. It can help to increase your business profits and reducing the credit card processing fees so that it might increasing your sales. Your nature and type of business will be be reviewed individually to determine exactly that your business needs.

The advantages of using fivestarpayments services are Highest level of customer service, professional staff, expertise and knowledge, lowest prices of your type of business, credit processing services, specialize in helping businesses.
You can make a consideration whether you are ready to accept credit card from your customers. To get on it step by step, you can get more details here Get started. There are some frequently asked questions about this service that you can get it here FAQ.

You can apply the services online through the following link Apply now

Happy CNY

I just came back from CNY holiday, happy Chinese New Year everyone. Wish you prosperity and have a better life in this new year :)

America Processing - Credit Card Solution

Nowadays, Credit Card is the most convenient way to do payment for most of the transactions. If you have your own business, and you would like to allow your customers to use Credit Card for their transaction(s), America Processing will be the good solution for it.

America Processing provides specialized services for credit card processor that understands the ins and outs of different type of industries. Some of the industries that America Processing are specializing at include Attorney, Automotive, E-Commerce, Insurance, Restaurant, Retail, and much more. If you would like them to call you and go over for your business needs, you can apply through this form Contact America Processing

Currently, America Processing setup small and large volume businesses in all 50 states which are Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming. If you would like to apply online, you can use the following form Apply America Processing

Stock and Forex Brokerages

There are many stock and forex brokerages at Singapore and all over the world.

For Stock Brokerages in Singapore, I have tried the following:
- Philips/POEMS http://www.poems.com.sg/
- iOCBC http://www.iocbc.com/
- UOB Kayhian http://www.uobkayhian.com/
- DBS Vickers http://www.dbsvickers.com/Pages/default.aspx
- CIMB https://www.cimbinvest.com/
- Kim Eng http://www.kimeng.com/

As for the above, I prefer POEMS the most as I like the friendly user interface and clear statistic buy up and sell down with clear colors. You can also get free market depth after you trade certain amount with them by using the points you collected.

As for the broker/customer support services, I think most of the brokerages are the same. If you are lucky, you will get the good and polite brokers, else you might get the bad one. As one of my friend get 1 bad broker from 1 of the above, while I get the good broker from the same company.

As for the standard of Contra, they can give you up to T+5 in general. But, if you can maintain good relationship with your broker, they can give you up to T+6 or even T+7 days. Some people might even get more than that if your broker believe that you have a lot of money :P

For Forex/Futures Brokerages, so far I have used the POEMS http://www.phillipfutures.com.sg/ and Forexyard http://www.forexyard.com/index.php?zone_id=3159 account.

Currently, I'm using POEMS (local brokerage) for my forex trading. The disadvantages that I feel not so convenient is that they charge about USD 2 commission for each mini contract trade and there is a big gap of pips during volatile market.

As for Forexyard (foreign brokerage), I have tried the demo account and I feel that they provide a very good live chart and tight pips for most of the currencies pair. The part that makes me not so convenient with this brokerage is that I have to transfer money abroad and there will be some fees and not so good conversion rate to USD.

Before you open any Forex/Futures/Stock Foreign brokerages, I think you must visit the following link http://www.forexpeacearmy.com/public/forex_broker_reviews for your consideration. They got provide feedback (some might or might not be valid) which can help you make the correct decision.

If you noticed that, there are a lot of Scam foreign brokerages. Once you transfer your money, you can never get it back as they will not transfer it to you. So that, if you lose all of your money during trades then you can consider you lost your money naturally (in a fair way). But, if you makes money or would like to take back your money then they reject it with so many reasons, this is what we can say as a scam. So may advice is, read and get to know more about the forex brokerages that you going to use before you transfer your money.

Good luck, happy trading and happy holiday :)

Merry Christmas 2008

Merry Christmas everyone, enjoy your day.. :)

Next Topic: Brokerage

I will give some review about the brokerages that I ever used before. It might be used for your reference to decide which brokerage that might suit your need.

Futures

Basically, trading futures is similar with trading forex that it traded based on the number of contracts. There are a lot of products that you can trade with futures including:
- Market Index (Dow Jones, S&P, Nasdaq, Nikkei, HSI, STI and some others)
- Interest Rate (Japanese Government Bond, Eurodollar, Euroyen, etc)
- Currency (Japanese Yen, Euro, Renminbi, etc)
- Agriculture (Corn, Soybeans, Palm Oil, etc)
- Energy (Crude Oil, Gas Oil, Kerosene, etc)
- Metals (Gold, Silver, Copper, etc)

For the list of the contract that you can trade is depend on the brokerage that you use. For example, Philips Brokerage offer quite a number of products that you can get the details from the following link: http://www.phillipfutures.com.sg/products/products.html

Some of the contract above can be traded in normal or mini contract. The size or volume for mini contract is smaller than normal contract which is more suitable for those with limited trading funds or beginner. For example is Dow Jones index that available in 3 size:
- Dow Jones ($10)
- Mini Dow Jones ($5)
- Big Dow Jones ($25)

The difference between the above is the contract size. For the Dow Jones, the size of the contract is Dow Jones Index * $10. So that, if current Dow Jones Index is 8,629, that means the contract size is 8,629 * $10 = $86,290. If you take long on this position, it means that everytime Dow Jones Index goes up 1 point, you will earn $10 and if Dow Jones Index goes down 1 point, you will lose $10. At the end of the day if Dow Jones close at 8,700, that means you will earn (8,700-8,629) * $10 = $710. Same concept applied to Mini and Big Dow Jones contract, just that the amount is $5 and $25 instead of $10.

Based on the brief explanation above, you can see that trading futures is similar with trading Forex that it carries a very high risk. If you know that, recently Dow Jones was very volatile as for example on 28 Nov 2008 (Friday) it closed at 8,829, while on 1 Dec 2008 (Monday) it closed at 8,149 which means it drop 680 points. If at the end of the day on Friday you open long position with the Dow Jones ($10) contract that means at the end of Monday you will lose 680 * $10 which is $6,800 just for a single contract.

Same as Forex trading, when you trade futures you must set cut loss target that you able to consume. Without cut loss target, trader might ended with a very big loss in as single day. It also has the same concepts with Forex trading that, you will receive margin call from your brokerage if your fund is not sufficient that some of the brokerage might force closed your position if you do not top up on the next 1-2 days.

Sometimes, you might wonder that why the oil, rice price are increase so much recently. The main reason is that there were a lot of people speculate and keep buying those products contracts. The results are those products price are increase a lot and there will be a lot of people suffering in the real life, especially for those with low income. At the same time those speculate and buying it is earning a lot of money during that time. So you can imagine that, some speculators with big amount of money can affecting the whole world life just from this electronic trading.

If you would like to trade futures, it will be better that if you can spare some amount of money that you willing to lose as futures trading is high risk with high return products. You can easily double up or clear up the amount of money that you trade inside, its because you only need to put about 1-10% amount of money to trade each contract. As the example above if you trade the Dow Jones ($10), which current value is $86,290 for each contract, you might needed to put about $900-$8,000 to trade it. The amount of money that you need to put is depend on your brokerage.

If you are unsure about the products that you would like to trade, its better if you seek advice from your financial consultant, experts or your broker if he/she has a good knowledge on that. It will be better if you trade using demo account that might be provided by some brokerages before you trade with the real money.

Good luck and enjoy your Sunday :)

Next Topic: Futures

I will write some information about Futures trading in general this weekend. Enjoy your reading..

Forex

From my point of view, there are 2 types of transactions that you can do with forex:
1. Full invest
2. Trade

Full invest means that you bought certain amount of currencies with the full amount that you have. Example:
- USD/SGD Rate: 1.52 (USD 1 = SGD 1.5)
- You purchase USD 10,000 using SGD 15,200
- You can hold it as long as you like

Trade means that you bought certain amount of currencies with only small amount that you have. Usually 1 contract is just requiring about 2%-5% of the amount traded. Normally one transaction value is $10,000 of the pair currencies to be transacted. Take note that, forex trading must always in pair. Example:
- USD/SGD Rate: 1.52 (USD 1 = SGD 1.5)
- You purchase USD/SGD 10,000 (buy 1 Contract) using SGD 500

- If next day USD/SGD Rate is 1.55 that means you can close your transaction with profit of (1.55-1.52) * 10,000 which is SGD 300 (sell 1 Contract). After transaction closed your money will become 500+300 = SGD 800

- Another way, if USD/SGD Rate is drop to 1.50 that means you will lose SGD 200. If you close it, then your money will become 500-200 = SGD 300. If you didnt close your position, and next day it drop again to 1.48, you might receive a margin call (depend on % required for each pair) from your brokerage to top up your account or liquidate your position. If you do not top up, and at end of day your fund % is not enough to cover the required amount to hold up your position, then your broker might force sell/liquidate your position.

The major currencies pair that most transacted are:
- EUR/USD
- USD/JPY
- USD/CHF
- GBP/USD

Some important points that you need to know about Forex Trading:

- Risk --> Forex trading is trade a big amount with a small capital that you have so that it carries high risk, because just 1% to 5% drop of your transaction might completely wiped out your capital

- Cut Loss --> Cut loss is very important for all trading whether it is forex, stocks, commodities, etc. As for forex, you must set cut loss and be discpline to prevent a huge loss to your trading capital. I ever read 1 book about forex trading that teach trader to set profit target whenever they open trade positions and also set cut loss target at the same time which is half of the profit target.
Example: You buy USD/JPY at 95.50, and you set profit target at 96.50 (100 pips). That means it will be good that if you set your cut loss target half of it which is 95.00 (50 pips).
Note: pips is the point movement of the pair transacted. As for USD/JPY the movement is 0.01 (1 pips), so that 100 pips = 100 * 0.01 = 1

- Interest Rate --> When you open forex trading positions, you might either get or pay interest of your transaction. If the currencies you buy have a higher interest rate than its pair, then you will get interest. But if it has lower interest rate than its pair, then you will pay interest.

- Volatility --> Currencies pair will be very volatile when there will be critical reports or events to be announced or during the reports/events announcement. Some example are: Interest Rate Decision, Important meeting (e.g. FED, ECB, BoE, etc), President Speech, FED/ECB/BoE head speech, Jobless/GDP/CPI/PPI Reports and there are many more.

- Support and Resistance --> I can say that this is the most important that you need to observe before you open any new positions. Support is the level that the currency pair will be able to hold after certaint amount of drop, while resistance is the level that the currency pair unable to goes up further after certaint amount of increase. It will be good if you open buy/long positions at support level or sell/short positions at resistance level.

- Brokerage --> You need to choose the correct brokerage to do your trading as different brokerages will give you different advantage, such as Free Trading Commision (some brokerages might charge you trading fee/commision for using their service), Tight spread between buy and sell price (good one should be about 3-5 pips), Leverage/Margin Requirement (Different brokerages will require different % of money that you need to put to open new position).

There are a lot more information that you can find and read about currency trading. Since forex trading carries a very high risk, it will be better if you can read and understand more before you really trade on it. It will be even better if you start your trading with demo account so that you can understand more about it.

You can try use this Forexyard brokerage for DEMO account, as I feel that it is quite easy and convenient to use it. It also provide free trading commision, tight spread, good leverage and nice live chart.

Good luck and wish you the best..

Next Topic: Forex

I will explain about Forex in General by end of this week. Enjoy !!

Warrant

In general there are 2 types of warrant:
- Call Warrant
- Put Warrant

Call warrant is expecting the stock or index we buy to go up, means that if you bought HSI CW, and Hang Seng Index goes up then you will earn money. While, Put warrant is the opposite of call warrant, means that it expect it to go down then only can earn money.

If compare with Stock, this warrant is much more volatile and risky. The warrant you buy can go down until $0.005 or even until no value. That's why normally people trade warrant instead of investing on it. Unless you are really sure that you are in the right direction, you better trade it and set cut loss target properly and must be discipline to prevent big losses.

You can notice that, warrant will have letter and number written on it. For example HSI 17200 MBL ECW081230, it means that:
- HSI --> Hang Seng Index
- 17200 --> The value to be compared during expiry date
- MBL --> Company that produce the warrant
- ECW --> Call Warrant, if PW then it is Put Warrant
- 081230 --> Expiry date on 30 December 2008
Reference: HSI 17200 MBL ECW081230

If you purchase this warrant, it means that this warrant will expired on 30 December 2008. If you hold this warrant until its expiry date, the warrant producer will calculate the average last 5 days (you can clarify it with the warrant producer) of this HSI value and compare with the 17200 to decide whether you will earn money or loss money.

If the average of last 5 days is above 17200 then you will earn money, else you will loss your money. When you earn money doesn't means that you will totally get back all your money invested on it. Example, if you purchased this warrant $5000,00. At expiry date, eventhough HSI average is above 17200 (but not so far from it), its possible that you will just get back only $2000 after calculation. To get more details about the calculation and information you can try refer to http://www.dbwarrants.com.sg/

There are a lot of things you can read about warrant, but some important points you need to know are:

1. Time and Expiry Date --> When you buy warrant, you will have disadvantage of time decay. The closer this warrant to expiry date, then its price and value will be lesser.

2. Volatility --> Warrant is very volatile, you can easily earn or loss 30% in a day. During volatile market, it is quite normal that you can earn or loss 100% or even more than that in 1 day.

3. Volume --> If you want to trade warrant, trade the warrant that has high transaction volume to prevent being stuck with little movement and ended loss because of the time decay.

4. Shorting warrant --> Remember that for whatever reason you must never ever naked short warrant (sell it without buy back at the same day). Because, it can easily burn your money when SGX (Singapore Market) buy back for you. They will keep bid up the price until they manage to get the seller, you can easily loss 20 bids during volatile market. If you naked short $1000, it is not impossible that you might ended up have to pay $2000-$4000 if you are at the wrong direction during volatile market. Other than that, there will be some fees and penalty charges which is not cheap and also at this time SGX quite strict to naked short (even with stock). There will be high penalty charges if you naked short. So, remember that NEVER EVER naked short warrant.

5. Holding overnight --> When you buy HSI warrant, you can consider it as gambling if you hold it overnight. The difference is just that, you gamble is bet after you do your research. The reason is, because this warrant usually will refer to Dow Jones (DJIA) Index to decide its opening price the next day.
For example: This call warrant price ended at $0.45 at 05:05pm. Then at night DJIA increase 200 points. The next day, you might see the opening price will give you bet ween 10% to 30% profits. But, if DJIA close at negatif 200 points, then you might see the price of your warrant drop by 10-30%. If DJIA ended flat, you can see a slight drop of your warrant (approx 5%). The reason is because warrant has time decay as mentioned in point 1.

6. Market Maker --> Market Maker is the one set the buy and sell price of this warrant. Volatility and fast movement of warrant are controlled by them. For example, when you use market depth you can see both buy and sell queue quantity are 500,000. This is queued set by the Market Maker. During volatile market, they can easily take all the other queues done by the normal investors/traders when they adjusting the price. If in Casino, we can say Market Maker as a Dealer.

There are a lof more you need to know about warrant such as profit/loss calculation, which time is good to buy or sell, when to cut loss, etc. You should do more research, get some advice from experts and trade virtually before you trade with real money.

Trust me that, cut loss target discipline is the most important of warrant trading. Do not ended with false hopes and keep wait for your warrant to come back to the same price as you bought before if you are at the wrong direction. You might ended forever stuck and keep see your warrant price decreasing everyday because of the time decay.

Some important example:
You buy call warrant at $0.45 when HSI were 18000. Then currently your warrant price is only 0.35, because HSI index was dropping the last few days to 16500. Later on, maybe next week HSI managed to rebound back to 18000 or 18100, but your warrant price is only 0.41. This kind of situation is very normal when you trade warrant. The reason is like what I mentioned before, time decay. Other than that is speculation, people or Market Maker might assume this HSI index will drop again.

Conclusion:
It is better to trade warrant instead of investing on it. Unless you are confirm 90-100% with your decision to invest on it. Good Luck :)

Next topic: Warrant

I will post some general descriptions of warrants. As for example, I will use HSI (Hang Seng Index) Warrants (Call and Put) by end of this week. Enjoy your day.. :)

Stock

Stock is a share of ownership in a company. Stock is also known as share. Some people can also refer stock as another different financial products such as government bonds or those kinds of marketable securities.

For Singapore market and some other markets, usually each stock traded by lot. Generally, 1 lot is equal to 1000 shares, or 500 shares for some of the company. For example, if the share price is $10 and each lot is 1000 shares, then you must have $10,000 cash in order to purchase this stock.

As for US Market, Investor/Trader can trade the stock by quantity as little as 1 share. For example, if you have $1000 cash and you would like to buy Share A which price is $20, then you can just purchased 50 shares instead of 500 or 1000 shares like some other markets.

Some of the important key points before you purchase price, you must see the following factors:
1. NAV (Net Asset Value) --> The fair value of this share
2. EPS (Earning Per Share) --> The earning of this share quarterly/annually

During bullish market, you can see a lot of case where the current trading price of the share is much more than its NAV. For example, the NAV of Share A is 50 cents, but currently its traded at $5, that means the current price is 10 times higher than its NAV. This might happenned, because stock trading is always about speculation, so that the current trading price might be speculation by most of the people that keep push up the price.

For those shares traded many times above its NAV, it will suffer a big hit during economic downturn or bear market. If its NAV is just about 50 cents and it is traded at $5, then you don't be surprise if it can drop until 50 cents or even lower than that, which means investors might lose 90%+ of his money if he invested during the peak/high price. It just like a bubble that burst at 1 time after it keep being pumped up for quite sometimes. It might takes 2-3 years for it to goes up to current high level, but it can just take 1-3 months for it to come back the price 3 years ago..

Some important points that you need to know when you doing stocks trading:

1. Settlement/Payment Date --> Usually is T+3 days, some brokerages can give you up to T+5 days. If you have a good relationship with the brokerages, they might give you up to T+7 days. Note: T = Transaction Date. If after this period, you still haven't make any payment or close your position, then your brokerage will force sell your stocks (they will do it at certain time based on the stock's current price).

If you close your transaction before the due date, then it will be called as contra. By doing contra, you do not need to pay up to buy and sell your stocks. You just needed to settle up the result after you close your position. If you are at profit then you can get the money, else you have to pay the money. Contra trading can be very risky as sometimes market might not behave as what it suppose to be during certain period.

2. Margin/CFD (Contract for Difference) --> This 2 types of accounts are leverage trading account. You can just put your capital 33% for Margin or 20% for CFD to do your trading. It means that, if you have $2000 in your CFD account, you can trade and hold as much as $10000 as long as you meet the margin requirements. It will keep update your position based on your profit/loss. Example, if today your open position is at profit then you will be allowed to trade more. But, if your position is at loss and your money is insufficient to hold your current open position (margin call), then you might be needed to put up some money to meet the margin call.

This kind of Margin/CFD is very high risk with high return. If you are at the correct position and trend, then you can earn a lot of money with just a very little capital. But, if you made the wrong decision, then you can easily finished up your capital at one time. You might be even needed to put more money to pay up for the losses.

3. Short --> Shorting means that you sell the share first, then only you buy it before market close. If investor/trader feels that the company "A" going to release a bad earning report today, then they can short in the morning when market open and buy back later on with cheaper before market close. Please take note that, there will be some penalty fees if those shorting does not cover back his position on the same day (naked short). SGX will buy back or close your open position 3 days later (T+3).

For Singapore Market, at this time the penalty fees are quite high for those do not cover back his short position at the same day.

4. Share Borrowing --> This is similar like short, but with this type of account, investor/trader can short the stocks and does not need to cover his position on the same day. There will be some interest charged for Margin, CFD and Share Borrowing account.

There are a lot of more info that you can find about stocks trading. I just describe some important points in general. You can check with your brokerage to find more details about account type, settlement date, penalty charges, etc. I will update this section again when I feel there are some points I want to add in the future.

Next topic: Stock/Share

I will post some details about Stock/Share by end of this week.. I will try to describe different finance product every week. I hope that some of my experiences can help new investors in the finance market.