How Traders Can Improve Their Investment Returns On The moomoo Platform

Traders are always on the lookout for that little factor that will help improve their competitive edge. That is because they trade in high frequency, and may even take on leverage to help upsize their positions. Full-time traders who trade for a living might want to take note – moomoo trading app is the perfect online platform to take your game to the next level.

moomoo is a one-stop investment platform powered by FUTU. In Singapore, products and services on moomoo are offered by Futu Singapore Pte. Ltd. a brokerage and custodian licensed and regulated by the MAS. Here’s how traders can potentially improve their investment returns on the moomoo platform at every step in their investment journeys.

Step 1: Investment Opportunities

At the beginning of a traders’ typical journey, they could already be overwhelmed by the myriad of investment opportunities in the market. Ignoring the market noise and finding a winning investment is akin to finding a needle in the haystack. Here is how moomoo app can help in several ways:

  • Heat Map

moomoo’s Heat Map directly show the ups and downs of each sector in the market through the block size and colour depth. From one image, it gives a quick overview of the lay of the market for that trading day.

  • Star Institutions

There is a saying that “if you can’t beat them, join them”. With the Star Institutions page on the moomoo app, you will very quickly obtain high-value information such as:

  • List of stocks by star institutions such as Warren Buffet, Soros Holdings, Temasek Holdings etc
  • The historical trend of holdings, and the daily transaction information of individual stocks

With the Star Institutions, you will identify the investment targets of star institutions and be able to ride the trend powerfully.

Step 2: Analysis

A key product feature of moomoo app is the availability of Short-Sell Data. Users can view the daily short selling data and ratio of US and HK stocks, as well as the current open positions. To access Short-Sell Data, simply go to Analysis under the individual stock page.

Short-Sell Data is critical in assisting traders to identify long and short sentiments to form an outlook of a specific stock. This will ensure that traders stay with the trend, or at least understand the size of the opponent if they choose to take a contrarian position.

Step 3: Executing The Trade

The time has finally come for the trader to execute their trades. On the moomoo trading platform, users can be assured of efficient trading execution of their strategies to maximise profits.

Desktop users can fully customise their trading windows for a multi-monitor experience and leverage on more than 89 types of drawing tools and indicators. Furthermore, trades are executed as fast as 0.037 seconds and at very competitive pricing.

In addition, users can leverage on moomoo’s AI Monitor function to automatically monitor changes in each market and all stocks of their choice. This will allow them to stay updated on stock fluctuations, increase in trading volumes and seize fleeting investment opportunities.

Sign Up via moomoo App Now for your FUTU SG securities account!

Finally, who can say NO to Welcome Rewards valued at around S$2,000? Here are the steps (not cumulative) to ensure new users receive the Welcome Rewards from moomoo powered by FUTU:

  1. Register for a moomoo ID
  2. Successfully open a FUTU SG Securities
  3. Make a First Deposit of at least S$2,700 and above & immediately you will receive an Apple (AAPL) share and S$40 stock cash coupon, promotion ending on 30 November 2021, 0959 SGT.
  4. Transfer in some shares into the platform and depending on your shares values, you will be rewarded with more Apple (AAPL) shares or even the latest iPhone 13 (limited redemption)!

More terms and conditions of the Welcome Rewards can be found here. Download and sign up for moomoo app using this link today to give yourself a further cutting edge as a trader.

 

 

 

 

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How moomoo App Help Beginner Investors Kickstart Their Investment Journeys

By now, if you still have not heard of moomoo, you might need to get out of your cave! That is because moomoo’s, the trading platfrom, advertisements are splashed across the island, all over MRT platforms, national newspapers as well as social media. Besides its really cute name, you might be wondering what exactly is moomoo?

moomoo is an online trading platform launched by Futu Holdings Limited (FUTU). In Singapore, products and services on moomoo are offered by Futu Singapore Pte. Ltd. (FUTU SG), a wholly-owned subsidiary of FUTU, that is licensed and regulated by the Monetary Authority of Singapore (MAS). FUTU is listed on the NASDAQ stock exchange in March 2019 and the moomoo trading platform was launched in Singapore earlier this year in March 2021 with an aim to help beginner investors to kickstart their investment journeys. Here are 5 ways how moomoo app can help them kickstart their investment journeys.

1. A 24/7 Help Centre To Address Your Concerns

 

We all know that taking the first step in investment can be a tentative, or even fearful one. Sometimes, questions can be as simple as not knowing which button to press. When they get too plentiful, these doubts can amount to significant inertia.

Not to worry, moomoo powered by FUTU stands by to help by providing customers service 7 days a week and 24/7 on trading days! No questions are too stupid or silly. Instead, users will find all the support they need online to ensure that all their doubts are thoroughly clarified before making their investments.

2. Start With Paper Trading

To help bolster beginner investors’ confidence further, they can consider trying out with paper trading on the moomoo platform first. This enables them to not only get familiarised with the user experience, but also conquer their fear of trading with real money.

In addition, trading with paper money is a perfect testbed to try out different investment strategies before deciding which suits them best. Within the moomoo app, occasionally, they have paper trading competitions where you can win prizes!

3. A global investment community with latest insights

Sometimes, it can get lonely walking the investment journey alone. Not to worry, there are 16 million others (and counting) globally to cheer you on. Amongst them are moo community influencers who would often share insights and valuable information.

4. Learning Investment on-the-go

If you don’t possess the ability to organise nor process the information but still recognise the importance of investing, why not equip yourself with this knowledge by taking courses on the moomoo mobile app?

With courses such as Investing 101 and Top Tips for New Users, this will provide all beginner investors a strong foundation in their investment journeys. The best part is that the majority of these courses are absolutely FREE. So there is really no reason not to get started on them!

5. Welcome Rewards worth more than SGD$2,000

 

Often times, beginner investors may make more mistakes due to the lack of experience. To reduce the pain of this potential loss, Futu Singapore is giving away Welcome Bundle worth up to $2,000. Here are the steps (not cumulative) to ensure new users receive the Welcome Rewards:

  1. Register for a moomoo ID
  2. Successfully open a FUTU SG Securities
  3. Make a First Deposit of at least S$2,700 and above & immediately you will receive an Apple (AAPL) share and S$40 stock cash coupon, promotion ending on 30 November 2021, 0959 SGT.
  4. Transfer in some shares into the platform and depending on your shares values, you will be rewarded with more Apple (AAPL) shares or even the latest iPhone 13 (limited redemption)!

More terms and conditions of the Welcome Rewards can be found here. With Welcome Rewards of up to S$2,000, this is the valuable headstart that beginner investors probably cannot find on other online brokerage platforms besides moomoo.

Sign Up via moomoo App Now to open your FUTU SG securities account!

This rounds up the 5 ways that moomoo app massively help beginner investors kickstart their investment journeys! Download and sign up for moomoo app using this link today to take the all- important step of investing.

 

 

 

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What On Earth Is A Buyback?

Highlights

  • A buyback occurs when a company purchases its own shares in the stock market.
  • A repurchase reduces the number of shares outstanding. Thus, it inflates earnings per share.
  • A buyback can demonstrate to investors that the business has sufficient money set aside for emergencies.

WHAT IS A BUYBACK?

A stock buyback occurs when a company purchases shares of its own stock. It either retains the stock for resale to the market in the future or permanently removes the stock from the circulation.

This process reduces the total shares of stock outstanding and increases ownership stake that each remaining share of stock represents. It increases the value for the shareholders.

HOW DO BUYBACKS WORK?

Stock buyback plans are usually authorized by the company’s board and proposed by its executives. However, a planned buyback does not always occur. In some cases, the target share price a company chooses may not be met or a tender offer may not be accepted.

WHAT ARE THE DIFFERENT TYPES OF BUYBACKS?

The diverse types of buybacks include the on-market and off-market buybacks. The former refers to when a company buys its own shares on an exchange in the ordinary course of trading.

In contrast, the off-market buybacks occur when the company makes its offer directly to the shareholders.

Image Credits: unsplash.com

WHAT IS AN EXAMPLE OF A BUYBACK?

Company XYZ had one million dollars in earnings and one million outstanding shares before the buyback. Thus, it equates to earnings per share of S$1. Trading at a S$20 per share stock price, its P/E ratio is 20.

With all else being equal, one hundred thousand shares would be repurchased and the new earnings per share would be S$1.11. To have the same P/E ratio of 20, shares would need to trade up 11% to S$22.22.

WHAT ARE THE ALTERNATIVES TO BUYBACKS?

Buyback programs have come under scrutiny over the past few years. So, alternatives are important to know when understanding buybacks.

Other options include:

a. Using capital to acquire other companies or securities,
b. Returning cash on hand to investors in the form of dividends, and
c. Re-investing the capital in research and development.

Sources: 1 & 2

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6 Overlooked Perks Of Using Credit Cards In Singapore

From ease of purchasing items to fraud protection, credit cards offer the several benefits. Just please use your plastic card responsibly!

#1: RECEIVE ONE-TIME BONUSES

Signing up for new credit cards will qualify you for the initial bonuses or sign-up rewards. You can new items or reward points that can be redeemed for travel, gift cards, and more.

In contrast, a debit card that comes with a bank account generally offers no initial bonus or ongoing opportunity to earn rewards.

#2: TAKE ADVANTAGE OF THE GRACE PERIOD

When you make a purchase using your debit card, your money disappears right away. When you make a purchase using your credit card, your money remains in your account until you pay for your bill.

There are two main benefits of having a grace period. Firstly, the time value of money will save you money. Delaying eventual payment will allow you to earn money during the grace period. Secondly, you will have a set period to pay for your purchase. You do not have to watch your bank account balance vigilantly.

#3: BE REWARDED WHEN YOU SHOP

Reward credit cards allow its users to earn points for every purchase. Many reward credit cards give bonus points for certain categories such as restaurants, groceries, or petrol.

When your earnings reach a threshold, points can be redeemed for travel or gift cards to shop at participating retailers and restaurants. All you need to do is to choose a card that suits your spending pattern and your lifestyle!

#4: INDULGE IN THE COMPLEMENTARY CASHBACK

You can get a percentage of the items you purchase refunded back into your account with the credit card’s cashback feature. How much you get back varies per bank or credit card. Nonetheless, rebates usually apply only to certain items.

For instance, Standard Chartered’s Unlimited Cashback credit card* lets you receive 1.5% cashback on your eligible purchases. No minimum spending is required. Another example of no minimum spending is the Citi Cash Back+ Card*. It offers 1.6% cashback on all spending.

Note: *Terms and Conditions apply.

#5: BUILDING OF CREDIT SCORE

When people assess whether you are qualified for a loan extension or not, banks do not just look at your annual income. These banks also examine your credit rating for indications of proper financial management.

By using your credit card sensibly and regularly, you can build reputable credit rating. Enjoy lower interest rates for your unsecured loans by having a better credit score. Be sure to pay off your balances each month and keep your spending to a minimum.

#6: EXTRA LAYER OF PROTECTION

Apart from the convenience that cashless shopping can bring, certain credit cards offer a range of purchase protection insurance. This type of insurance will help ensure your peace of mind as you shop. The following protections can be given by your issuer: a. price protection, b. purchase protection, and c. fraud protection.

Image Credits: unsplash.com

Price protection refers to getting back the difference or a percentage of the difference if an item you bought on your card drops in price within a timeframe. Purchase protection refers to the coverage against theft or accidental damage. This protection usually lasts until six months. Lastly, fraud protection refers to being refunded for purchases made using your stolen credit card or card details.

Sources: 1, 2, & 3

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Get a free Apple share worth around S$200 from now till 30 Sep 21

Get rewards of up to S$288 in value! Sounds too good to be true? Read on. 

Moomoo by moomoo Inc. is a stock trading platform that has launched in Singapore in March 2021 and have been offering attractive sign-up offers to expand their customer base. moomoo Inc. the company behind the trading app is a subsidiary of Futu Holdings Limited, a company listed in NASDAQ (NASDAQ:FUTU) and backed by Tencent.

In Singapore, investment products available through the moomoo App are offered by to Futu Singapore Pte. Ltd. (“Futu SG”), a wholly-owned subsidiary of Futu Holdings Limited. Futu SG is a broker-dealer and custodian licensed by the Monetary Authority of Singapore, (License No. CMS101000).

From now till 30 September, they are giving away a free Apple Share to new customers who sign up during this period. As of 17 Sep, the share is worth 147.47 USD or around S$200 in value.

In addition, they are also giving you a S$88 cash coupon can be exchanged for cash in the moomoo app.

That is a total of S$288 in value we are talking about – and they are free once you complete the requirements.

Here’s how to redeem your free share

  1. Sign up for an account here and deposit a minimum of S$2,700, US$2,000 or HK$16,000 within 30 days of account approval. You will need to download the moomoo Trading App.
  2. Trade 5 times on any market and any product.

The free Apple share (AAPL) will be allocated to you automatically once you completed Step 2.

Tip: According to some users, you can easily complete Step 2 by buying and selling a non-volatile stock in the US market. That would make 2 trades. Do it 3 times to complete Step 2. Why US? Because you can buy a single share which sometimes cost you less than $10.

Other benefits of trading on the moomoo app

Investors can enjoy commission-free trades for 6 months plus free access to Market Data for US and SG stock exchanges. T&Cs apply.

If you are planning to start trading in stocks, this is a good start because you can enjoy unlimited commission-free trades in the US, HK & SG markets.

In addition, you also get free real-time quotes and market data for US, SG and China A share markets.

* T&Cs apply. Subject to price fluctuation. 

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