The average profit of every trading account is determined based on different factors. There are various factors that are not taken into consideration by traders; such as:
account type i.e. Forex or futures
volume of the account
revenue of the stock, ETF or mutual fund
revenue of the company
revenue of the company’s share price.
These are some very important factors. In one month you can make some impressive gains!
How to make big bucks in the stock market in Singapore
Since stock market prices are also based on profit margins of the company, it takes the profit margin of a big company to get a decent return, so to calculate a trader salary, you will need a big stock portfolio.
To do this, you need to estimate the profit margin of the company and find the maximum profit you can get. For example, let’s say the company’s total profit margin is 5%. The calculation you should do is:
$5/share= 20%, which is $20,000 in profit.
You will need to factor in stock splits (split profit) for profits to be calculated. So to find out how much of your total profit you can split, you need to multiply your minimum earnings by the split profit. In this case 20% of your total profit will be split as profit divided by 0.6=5%, which is $2,000 split, which is 2.5% profit.
The profit split is calculated by dividing what you would have earned if you had sold 100 shares before to what you would have earned if you had sold 100 shares after split. So if you sold 100 shares in the original stock split in one month, you would have earned $1,200.
How to get a trading account in Singapore
If you want the cheapest possible way to trade stocks, go for a broker who has already taken the plunge to set up a trading account and pay for trading plans. When you have signed up with a broker, you will have to make a personal investment of at least 1,000-2,000 Singapore Dollars ($16-30 USD) each month.
You will need to have a Singapore bank account or you will have to pay money back when you stop making trades. This will save you from the penalty you get if you get caught.
If you find a broker online or on the platform and you don’t have the minimum
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