Singaporeans are relatively familiar with stock markets. According to a poll by Milieu Insight, 52% of Singaporeans aged 16 and above have some investment in stocks or equities. This does not come as a surprise as Singaporeans are becoming more financially literate and choose to invest in stock markets in order to generate long-term wealth. While most Singaporeans opt to simply invest in the stock market, stock trading has also been increasing in popularity. Investing is the approach of buying a stock and holding it for a long period of time to reap capital gains. Stock trading on the other hand is the buying and selling of stocks on a short-term basis to realise quicker gains. It is important to consider that trading stocks is a much riskier approach than investing in stocks. It is very difficult to predict how a company’s stock will move in the short term. However, you are able to