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09-03-2011, 01:08 PM
The local settlement rules for the SGX market clearly penalize those who do naked short-selling, and I applaud that.
For the many newbies, my sincere advice is to avoid trading stocks - i.e. buying/selling or betting with a view to gain mainly from their short-term price movements - for all the well-known perils. Investing this way rarely makes one very rich; on the contary, many have lost their pants!
For the many newbies, my sincere advice is to avoid trading stocks - i.e. buying/selling or betting with a view to gain mainly from their short-term price movements - for all the well-known perils. Investing this way rarely makes one very rich; on the contary, many have lost their pants!