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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5 Cheapest Delivery Services In Singapore

Thanks to technology, running an e-commerce store or a small business has become more manageable. Online shopping applications and social media platforms help business owners to reach consumers islandwide – and even worldwide. In addition, some courier services provide pick-up options wherein they can collect the items from you. This option makes it possible to operate a business without leaving the safety of your own home.

While we do not need to solely rely on SingPost to ship our items, the issue now is the multiple options for delivery services. Which courier should you choose? Will your parcels be shipped in time and intact?

To help you decide, here are five delivery services that you can choose from. Keep the size of the parcel in mind!

  1. For small parcels: Postage-paid solutions such as PolyM, SmartPac, or Ninja Pack are incredibly convenient. Simply put your item/s in, seal the pack, and drop it off.
  2. For bulky parcels: Qxpress’ next-day delivery provides the cheapest rates for bulky or heavy items. Check out their rates below.
  3. For huge parcels: When it comes to van or lorry deliveries, you cannot skip on Lalamove or GetVan.

FOR SMALL PARCELS

A. EZIE App

Enjoy the cheapest deliveries in Singapore! (only from $2.89) EZIE’s ambition is to help eCommerce sellers to grow and scale their online businesses by providing tailored eCommerce solutions.

Their eCommerce solutions portfolio is tailored to eCommerce multichannel services to help our customers selling on multiple online channels (ie: Lazada, Shopee, Shopify, etc.) and includes:

  1. Logistics (on-demand B2C shipping & fulfillment services),
  2. Multichannel Order management solution,
  3. Multichannel Customer service,
  4. Multichannel Sales / Marketing services,
  5. Financial and Insurance Services.

No min. order is required. Free door-to-door deliveries are available in EZIE!
For more information, visit their website.

B. SINGPOST

SingPost is the country’s forefront in mail and logistics solutions. As a well-established courier, SingPost offers cheap rates for small parcels that weigh up to 2kg, 324 x 229 x 65mm.

Forget about queueing at the post office! You can ship your small parcel through convenient options such as the PolyM and the SmartPac. PolyM (no tracking) is a local postage-paid packaging that delivers your parcel directly to the letterbox. While, the SmartPac (with tracking) is a prepaid postage service that comes with free packaging and letterbox delivery. Delivery takes about 2 to 3 working days.

Fees:
PolyM S$2
SmartPac S$3.20
SmartPac Box S$3.80

For more information, visit singpost.com.

C. NINJAVAN

NinjaVan’s Ninja Packs are postage-paid polymailers that come in different sizes. Best of all? It does not have a weight limit unlike other couriers. You can put all the items you want in the bag, which makes it ideal for delivering small yet heavy items such as books. After preparing your Ninja Packs, you can quickly drop it off at the Ninja Point. Track your parcel as it is being shipped. Delivery takes about 1 to 3 days.

Oh, by the way! The only downside about using this is that it comes in packs of 5 when you purchase it online. Online orders below S$50 will have to pay S$1.90 for postage. Individual packs can only be bought onsite at selected locations.

Fees:
XS 230 x 170mm S$3.17 (S$3.60 – padded)
S 350 x 250mm S$3.50 (S$4.00 – padded)
M 470 x 330mm S$3.90 (S$4.48 – padded)

For more information, visit packs.ninjavan.co..

FOR BULKY PARCELS

QXPRESS

If you are planning to have your bulky or heavy parcels delivered, you can go for Qxpress. Qxpress accepts parcels for up to 30kg! Its standard Qxpress Delivery is a next-day service that offer deliveries for a variety of sizes such as 5kg, 20kg, and 30 kg. It is an affordable solution for shipping bulkier items that do not fit in a SmartPac or a Ninja Pack.

Are you in a hurry? Then, select the Qxpress Quick Delivery (same day delivery) which costs about S$5.99/km. This is only practical for short distance deliveries.

Fees:
5kg S$4.30
10kg S$6.90
15kg S$9.90
20kg S$12.90
25kg S$15.90
30kg S$19.90

For more information, visit: qoo10.sg/shop/qxpress.

Image Credits: unsplash.com

FOR HUGE PARCELS (VAN & LORRY DELIVERIES)

A. GETVAN

GetVan specializes in huge and heavy deliveries that are completed instantly and on-demand. The only exception is the Extra Large lorry, which you have to book 2 hours in advance. The fee includes loading and unloading time, but does not include the driver’s help. You will need to load all the items yourself by default. To get the driver’s help, you must pay an additional fee of at least S$15.

When comparing the published rates, you will notice that GetVan generally charges lower base rates compared to Lalamove. However, it has higher per-km fees. It is wise to weigh your options and to consider getting GetVan for short distance (van/lorry) deliveries.

Fees:
Send (car) $25++
Regular (small van) $35++
Large (large van) $40++
Extra Large (14ft lorry) $70++

For more information, visit:getvan.com.sg/goods.

B. LALAMOVE

Lalamove is one of the most popular delivery service provider in Asia. Although it is best known for its vans and lorries, Lalamove has a full suite of vehicles such as cars and motorcycles. Use these vehicles for moving smaller items, instantly!

You do not have to wait by your doorstep the entire day because you can book their services on-demand. The driver will also help you to load the goods. So, you can definitely buy the second-hand washing machine on Carousell.

Fees:
Motorcycle $10 + $0.35/km (8kg, 40 × 25 × 25 cm)
Car $12 + $1/km (20kg, 70 × 50 × 50 cm)
MPV $19 + $0.50/km (50kg, 110 × 80 × 50 cm)
1.7m Van $30 + $0.50/km (350kg, 160 × 120 × 100 cm)
2.4m Van $38 + $0.50/km (500kg, 230 × 120 × 120 cm)
10ft Lorry $42 + $0.75/km (1 ton, 290 × 140 × 170 cm)
14ft Lorry $79 + $0.75km (2 tons, 420 × 170 × 190 cm)

For more information, visit: lalamove.com.

Image Credits: unsplash.com

With the help of these reliable and cheap courier services in Singapore, online resellers are presented with the opportunity to grow their small businesses. Since buyers will be able to enjoy the lowest possible rates for quality service, this sounds like a win-win!

(Disclaimer: Terms and Conditions apply per courier. Fees may be subject to change. Please visit the courier’s website for more information.)

Source: 1 & 2

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Use the 5-step ‘Spiral Method’ as an alternative to Google search

networking online

In this modern-day era, the average person goes straight to the Google search bar to find new information. But do you know that Google may not be the best way to learn new things?

Well, more than half of the information written online is rewritten content. Let’s also not forget about the high marketing spend certain companies are pumping into every month to rank their websites up on the first page of Google.

This is the reason why we would like to introduce to you a five-step approach called the ‘Spiral Method’ to help you gain a new perspective in learning new things. Consider this as an alternative to Google if you would like. 

In short, the ‘Spiral Method’ is made of 15 to 20 meetings with people in your network and their extended connections. At the start, you may not get as much learning data. However, it progresses into something deeper as you advance to your 10th meeting and beyond.

Please also note that we’re not asking you to ditch Google. Google can still act as your supplemental tool and learning partner. Just in case you get conflicting views from the industry experts you’ve spoken to, you can always confirm it with the content on Google search.

Without further ado, let’s show you how the five-step ‘Spiral Method’ works.

#1: Pick your topic and reach out
LinkedIn profile

Image Credits: unsplash.com

When you head to Google, chances are that you already have a topic in mind. If you have a couple of questions in your thinking cap, you may want to pick on the ones that matter and sub-categorize them accordingly.

Next, instead of typing the keywords in your search bar, go to your social media or LinkedIn and take a good look at your connections. You don’t have to pick out 15 people at once because referrals can come into play later. Just select at least five to eight people and then reach out politely, asking for a short 30-minute conversation on your decided topic.

#2: Prioritise big concepts from the get-go

Life often throws us lemons. But the smart people use it to make lemonade with a tinge of sweetness. Depending on who you meet, you may be bombarded with lots of valuable information from the get-go. It’s okay even if you don’t remember down to the exact details.

The idea at the beginning is that you prioritize big theories surrounding your chosen topic. Think of it as the main takeaways from each conversation. At the start, don’t stress yourself over being an expert at the topic you’re researching. At this stage, you’re just trying to be a bit smarter and more informed. You could even tap on keywords that you’ve not heard before and use them as the basis to dig deeper.

#3: Be brave to request referrals
persons looking at an iPhone

Image Credits: unsplash.com

At the end of every conversation you have with an expert or industry personnel, thank them for their time but don’t leave it at just that. Be brave to ask for referrals so you can turn one connection into other relevant contacts. If you think it might be impolite to reach out to these new contacts personally, request a short introduction to ease you into your newfound relation.

#4: Keep up with the conversations until you’ve met 15 to 20 specialists

Remember what we mentioned in the introduction about the ‘Spiral Method’? The approach is essentially made of 15 to 20 meetings with people in your network and their extended connections. Hence, keep up with the conversations until you’ve met about 15 to 20 industry experts.

As you reach your 10th conversation, you might have gathered some key concepts or keywords which require some research into. Don’t be afraid to use Google to do some reading up before you go on your next meeting with your 11th connection and beyond. The last thing you want to do is to rush into conversations without doing the necessary read-up on selected concepts beforehand.

Also, as you expand your network and receive referrals from your existing connections, you will be more likely to meet niche experts in the field. Remember to ask for the latest trend or where your particular subject is heading towards in the near future. These people have been in the market for an extended period and can be trusted with their predictability over what’s out on the worldwide web.

#5: Track your progress and recall the information you’ve learned throughout your conversations
writing hand

Image Credits: unsplash.com

As we come to a close, be aware that it is absolutely normal for your learning rate to slow down as you progress. As a good gauge, about 60% of the information you hear may be new, while the other 40% is what is already ingrained in your mind by the 5th meeting.

Depending on the chosen topic and the people you meet, some spiral approaches may be at a faster or slower rate than others. That is why it’s essential that you track your progress by recalling the information you’ve picked up throughout your conversations.

Hopefully, by your 15th conversation, you would have maxed out your professional knowledge regarding that subject and no longer have to continue setting up meetings any further. But if there’s a need to continue, then go ahead until you’ve reached the peak point where there’s no need to speak to anyone anymore.

There‘s more to researching than just relying on Google. Try using the ‘Spiral Method’ next time!

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Frequently Asked Questions On COVID-19 Booster Shots

A booster shot is a supplementary dose of an immunizing agent administered as an injection. In particular, the COVID-19 (coronavirus) booster vaccine shot helps improve your protection after receiving your first two doses of the vaccine. It aids in providing long-term protection against getting seriously ill from COVID-19.

Before getting your booster shot, it is best to educate yourself about the frequent questions surrounding it. On that note, here are the answers to the frequently asked questions on COVID-19 booster shots.

1. WHO CAN GET THE BOOSTER SHOT?

According to the Ministry of Health (MOH), the following people are recommended to receive a booster shot of a PSAR-authorized mRNA vaccine after completing their primary series.

a. People aged 30 years and above,
b. Residents of aged care facilities*,
c. Healthcare and frontline workers*, and
d. People and staff in institutionalized settings*

Note: *Must be 18 years old and over.

2. WILL PEOPLE BELOW THE AGE OF 30 BE OFFERED THE BOOSTER SHOT?

At the time of writing, individuals aged 29 and below are not yet recommended to receive the booster shot. However, there are exceptions to this. People who are 18 years old and over are recommended to receive the booster vaccination if they are healthcare workers, frontline workers, or if they belong to institutionalized settings. Exceptions were given to people who are at high risk of infection.

Alongside EC19V, MOH states that it will continue to monitor data and will update the recommendations when necessary.

3. HOW CAN YOU REGISTER FOR YOUR BOOSTER SHOT?

The booster shot or booster dose is recommended to be taken from six months after you have received the initial two doses of your COVID-19 vaccine. People who are eligible for booster shots will be gradually invited to receive their vaccination through SMS. An SMS with a personalized link will be sent to your handphone number. Please use it to book for an appointment on vaccine.gov.sg.

Eligible seniors aged 60 years and above (i.e., have met the recommended window of about six months after their second dose) will be able to walk into any Vaccination Centre or participating Public Health Preparedness Clinic (PHPC). They can step inside these establishments without a prior appointment to receive their booster shot. People who belong to this category are recommended to get a booster shot as the risk of severe illness from COVID-19 increases with age.

4. DOES YOUR BOOSTER SHOT HAVE TO BE OF THE SAME BRAND AS YOUR FIRST 2 DOSES?

According to Singapore’s director of medical services Kenneth Mak, taking a different brand of mRNA vaccine as a booster will lead to an equally effective outcome as receiving the same brand of COVID-19 vaccine. He assured the public of its safety by speaking from his personal experience. At a press conference last November 8, he shared that he was able to receive the Pfizer BioNTech vaccine for his first two doses and the Moderna vaccine for his booster dose.

He said: “This is perfectly safe and provides adequate continued protection against COVID-19. If you are eligible, get your booster vaccinations within the range of vaccines available that the expert committee has recommended.”

5. WHAT IS THE DOSAGE USED FOR THE BOOSTER VACCINATION?

The dosages for booster vaccinations differ per type. For instance, the booster dose of the Moderna vaccine is 50 mcg. It is less than the dose given to the first two doses. On the other hand, the booster dose of the Pfizer-BioNTech vaccine is the same as that used for the first two doses. Recipients of this booster will get a dosage of 30 mcg.

6. DO YOU NEED TO RECEIVE A BOOSTER SHOT IF YOU ARE IMMUNOCOMPROMISED?

People who are immunocompromised are already required to receive three doses as part of the primary series. According to MOH, they are recommended to receive a booster dose of PSAR mRNA vaccine. They must receive the booster dose from six months after the completion of their three-dose enhanced primary series.

7. ARE YOU RECOMMENDED TO RECEIVE A THIRD DOSE IF YOU ALREADY RECEIVED TWO DOSES OF SINOVAC/SINOPHARM?

Individuals who received two doses of Sinovac/Sinopharm are recommended to receive a dose of the PSAR mRNA vaccine as a booster. This is only if the individuals are not contraindicated to receive the mRNA vaccines.

Image Credits: pixabay.com

Sources: 1 & 2

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What To Wear For A Job Interview

Choosing what to wear to a job interview is usually a stressful part of the preparation. Successful job interviews depend on how you present yourself and how you answer the questions. Begin by putting on an outfit that will help convince the hiring manager that you are a good fit for the company.

Below are some tips that you can employ to dress your best at a job interview.

#1: DO YOUR RESEARCH

Research the company’s environment to know how formal their workplace is. If you checked the company’s website and its social media pages, you could get a grasp of their branding. You can even call the HR department to know what the appropriate dress code is.

Consider the available position, the viable role, and the industry. If you are interviewing for a corporate position, wear formal business attire. This means that men can opt for a suit and women can opt for a tailored dress. For less formal positions such as carpenter and plumber, you can wear business casual.

#2: WEAR FORMAL BUSINESS ATTIRE

Generally, you can enter a job interview wearing professional or formal business attire. Men can wear a suit, a pair of slacks, a shirt, and button-down. Women can wear a tailored dress or a blouse.

Feel free to incorporate modern trends into your outfit. However, you must avoid wearing anything too flashy or bright as these will distract the hiring manager.

#3: WEAR BUSINESS CASUAL ATTIRE

If you are having an interview in an informal working environment, you can wear a business casual attire. Business casual attires are relaxed and polished. You can wear relaxed-fit khakis and dark-wash jeans.

Before dressing up in the business casual attire, make sure that you know the company’s dress code. You can contact the person who scheduled the interview to ask him or her for advice.

Image Credits: pixabay.com

#4: WEAR SIMPLE ACCESSORIES

When it comes to accessories, you must keep your choices simple. Avoid large, chunky, or distracting bracelets, earrings, or necklaces. Wear stud earrings, delicate necklaces, and one simple bracelet. You do not want your accessories to get tangled with your face mask.

Keep your nail polish classic and muted too. Remember that you are the star of the interview.

#5: DO A DRESS REHEARSAL

Try on the complete outfit a few days ahead of the interview. This will help you perceive if everything fits properly and smells clean. Do a mock interview with a friend or a loved one while wearing this outfit to see how it fits. Check the outfit one last time for any wrinkles, stains, or holes.

Sources: 1 & 2

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