Want to learn more about trading stocks? Or want to brush up your trading skills?

Are you a novice trader?

Or

Are you a seasoned trader?

Or

Are you keen in trading stocks but do not know the ropes?

No matter who you are, the Singapore Stock Exchange comes up with "The SGX Online Challenge".

This is actually a competition where you will actually do trading in real time for a certain period. You will be given "$80,000" as a form of capital to start your trading. At the end of the period, the person who earns the most profit will actually win the game and receive cash prizes.

You do not need to have any trading account to participate in this competition, but you must be above 21 years old. This competition is open for all and you do not need to pay any registration fees.

If you go for those trading seminars, you need to pay for those seminars. For those seminars that do not cost much, you wont get to learn much since it will be a very short seminar. For those seminars that cost much higher, you will learn a lot but you may not necessary willing to part your money for the high cost seminar fee.

Therefore this is a very good opportunity not to be missed. You can practise 'live' how to trade stocks and you will learn a lot from the mistakes that you make and yet it does not cost you any real dollars if you make a loss. There are also many tools for you to understand more on stocks trading and to assist you in deciding on the stocks to buy such as e-tutorials, research reports, weekly market commentary, etc.

There are many people who commented that trading in stocks are very risky and because of the high risk involved, a lot of people do not dare to trade in stocks as a form of their investment plan.

Actually, trading in stocks are not risky at all if you had done your homework thoroughly. This is the same logic as if you studied very thoroughly for your exam, then you will pass with flying colors. If you never studied or studied briefly, then there is a high risk that you will failed for your exam.

Why there are many people had their fingers burnt in the stock market is because they are speculators, not investors. Most of the time, they entered the market too late and the market price for that particular stock is going to reach its highest point. Therefore, there is a high chance that the stock price will plunged once it reached its highest point.

The stock prices for the stock market will always rise and fall all the times. It will never keep rising or never keep falling. Why those investors can earn so much money from the stock market because they did their homework. They always enter the market before the majority of the rest enter the market. Thus they manage to buy at low price and when the majority of the rest enter the market, the price will shoot high and the investors will gain from it.

Another reason that investors can earn so much money is that they are 'emotionless'. They never bring in their emotions when they enter the market. This means that before they buy any stocks, they will actually fix the price that they want to sell with this amount of profit. Similarly, they will also fix the price that they want to sell to stop their loss just in case they make a wrong move and invest wrongly. Because of this lack of emotions and supported with strong discipline, the investors can earn a lot from the stock market. Unlike speculators who always bring their emotions with them.

All of us are greedy by nature, therefore when prices increase, the speculators wont sell even though they will have profit as they are greedy for more and hope that the price will shoot up higher. When the prices decrease, the speculators wont sell even though they will suffer a loss because they hope that the price will increase tomorrow so that their loss will not be so great. Because of all these emotions, there are many people get their fingers burnt. Some people even need to declare bankruptcy because of the stock market.

So if you want to earn passive income through the stock market, this challenge organised by SGX will be a very good chance for you. Once you get a hands on training through this challenge and decide to invest in the stock market, please invest small first to get the experience first. Even though you only earn a small profit, but at least if you make a loss, the loss will be small too, so that it will not affect you greatly. Once you gain the necessary experience, then you can put in more capital and start to earn passive income.

Remember to sign up today! Its already opened for registration! Learn stocks trading today! And let money start flowing into your bank account in the near future!

Happy Investing!