Have your cake and eat it !
已更新
Can we possibly have the cake and eat it at the same time ? I mean is there such thing as best of both world ?
If you understand the intermarket relationship between forex, stocks, commodities, etc , then there are pockets of opportunities available.
For example, those who stay in Singapore (SG) will know that SGDMYR is historically on a bullish trend. Based on the chart, we can exchange for 3.06 Ringgit (MYR) with 1 Sing dollar (SGD).
Like the recent stock meltdown of more than 30% globally, Malaysia stock market has presented those who use SGD an unparalleled advantage. Technically speaking , due to the exchange rate, we are using lesser SGD to buy MYR. So, as the stock price falls, we can buy more lots than before.
And if the KLSE index rose say 10%, you are getting more Ringgit back in your account.
That probably explains why many Singaporeans love to go to Malaysia to do shopping on the weekends, some even invest in the properties there as well.
Now, you can have your cake and eat it at the same time. Go enjoy !
If you understand the intermarket relationship between forex, stocks, commodities, etc , then there are pockets of opportunities available.
For example, those who stay in Singapore (SG) will know that SGDMYR is historically on a bullish trend. Based on the chart, we can exchange for 3.06 Ringgit (MYR) with 1 Sing dollar (SGD).
Like the recent stock meltdown of more than 30% globally, Malaysia stock market has presented those who use SGD an unparalleled advantage. Technically speaking , due to the exchange rate, we are using lesser SGD to buy MYR. So, as the stock price falls, we can buy more lots than before.
And if the KLSE index rose say 10%, you are getting more Ringgit back in your account.
That probably explains why many Singaporeans love to go to Malaysia to do shopping on the weekends, some even invest in the properties there as well.
Now, you can have your cake and eat it at the same time. Go enjoy !
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。