Secrets Of Singapore Trading Gurus Making Money In Stocks Forex Futures And Options Trading -
The book Secrets of Singapore Trading Gurus: Making Money in Stocks, Forex, Futures and Options Trading
, authored by Alvin Chow, compiles insights from nine of Singapore's most successful traders. It serves as a practical guide for retail investors to understand the systems, mindsets, and strategies used by professionals in various financial markets. 📈 Core Pillars of Trading Success
Successful traders in Singapore emphasize a structured approach rather than relying on "secret formulas".
Robust Trading Plans: Defining a clear style (e.g., day trading vs. long-term investing) and rigorous backtesting using historical data.
Dual Analysis: Many gurus combine fundamental analysis (macro indicators/company financials) with technical analysis (price charts) for a holistic market view. The book Secrets of Singapore Trading Gurus: Making
Risk Management: This is considered the most paramount skill. Gurus typically never risk more than a small percentage of capital on a single trade and use stop-loss orders to limit downside.
Emotional Discipline: Controlling fear and greed is essential. Maintaining a trading journal is often recommended to analyze emotional triggers. 🛠️ Key Strategies by Asset Class
The book covers four primary trading instruments, each with unique professional approaches: Stocks and ETFs
Trend Following: Identifying long-term upward or downward movements to time entries. The 3% Solution A famous options guru from
Position Sizing: Adjusting trade size based on volatility to optimize returns while mitigating risk. Forex and Futures
The 3% Solution
A famous options guru from Singapore revealed that he withdraws 3% of his trading profits every single month. He never reinvests 100% back into his trading account. Why? Because if the account grows to $1 million, he might get reckless. By keeping the account size manageable (e.g., $200k) and pocketing the rest into bonds or property, he guarantees that a losing streak won't destroy his lifestyle. He trades to live; he doesn't live to trade.
7. Practical Rules & Checklists (Daily)
- Macro scan: Check rates, FX moves, commodity swings, major news.
- Market-breadth check: Identify trending vs. range-bound markets.
- Trade shortlist: 3–5 high-quality setups with defined entry, stop, and target.
- Position sizing calc: Compute risk and final position size.
- Execution plan: Order types, target slippage, and contingency exits.
- End-of-day review: Log trades, reasons, execution quality, emotions.
Part 4: Futures – The Low-Cost Scalping Factory
Futures trading in Singapore has exploded with the rise of platforms offering access to E-mini S&P 500, Nasdaq, and Commodity futures. The gurus here are not swing traders; they are "ticket clippers."
Secrets Of Singapore Trading Gurus: Making Money In Stocks, Forex, Futures, And Options Trading
In the fast-paced financial hub of Singapore, a quiet but powerful community of self-made trading gurus has emerged. Unlike the flashy “get-rich-quick” stereotypes, these traders—many of whom operate from HDB flats, shared offices, or even coffee shops—have cracked the code to consistent profitability across stocks, forex, futures, and options. and trading records
What are their real secrets? After analyzing their methods, interviews, and trading records, here are the seven core principles that separate Singapore’s elite traders from the crowd.
The Multi-Monitor Config (But Not for Charts)
Most think 6 monitors are for charts. Singapore gurus use 1 monitor for execution, 1 for long-term charts, and 4 monitors for data: News wires (Bloomberg/Reuters), Futures order book (DOM), Singapore Treasury yields, and the US Dollar Index (DXY). They trade the reaction to data, not the data itself.
Part 3: Forex – The Asia Session Alpha
Forex trading is the most volatile arena, but Singapore gurus have a geographic edge. Located in the UTC+8 time zone, they bridge the end of the New York session and the beginning of the London session.
6. Leverage Control – The Silent Killer Avoided
In Singapore, retail traders can access high leverage (e.g., 50:1 on forex, 20:1 on futures). Gurus use far less—typically 3:1 to 10:1 at most.
Secret: Position sizing is their true leverage. They adjust contract size based on volatility (ATR indicator), not greed.
Options traders sell premium (credit spreads) instead of buying naked calls, profiting from time decay (theta) rather than gambling on direction.