I’ve always had a certain interest in stock trading and finance and always wanted to learn stock trading, learn more about how it works, how to benefit it from it etc. But most of the resources about it are dry, tedious and cover fascinating topics like technical analysis.
I have some investments in the stock market, but not directly, via a Unit trust. And I do have some investment in Gold, which of course is a completely different market to stocks (with it’s own challenges). I do like numbers though and challenges, so through-out the years I’ve always been picking up knowledge here and there about the different types of investments and trading (futures, forex, stocks, shares etc).
I even bought this book more than 10 years ago, but it put me to sleep every time I tried to read it. And all the new language to learn (bullish, bid size, ask size, ask price, percentage spreads, closed-end funds etc).
It can be quite a daunting subject to learn about, and of course it concerns money so people’s first instinct is to play it safe. So yah, that didn’t help much.
Now I have a child, I have to think about his future too, and of course it’s important to me that he be financially smart and make informed choices on what to do with his resources. What I found recently was an interesting online virtual trading challenge based around real-time data from Bursa Malaysia by KenTrade by Kenaga.
It simulates real equity market trading very closely and can demonstrate it’s not actually that complex, with the added bonus if you do find yourself really good at it – you can win yourself a Volkswagen Jetta worth RM130,888. And well, how else are you going to get to trade with RM1 Million? Haha.
You don’t have to be top to get something too, if you are one of the top 66 participant with the highest percentage growth in your virtual portfolio, you stand the chance to win a cash prize (to get the car you have to be in the top 20).
You don’t have to be top to get something too. If you are one of the top 33 participants in the public and student category respectively with the highest percentage growth in your virtual portfolio, you stand the chance to win a cash prize (to get the car you have to be in the top 10 in these categories).
If you do wanna try it out, head over to https://game1.kentrade.com.my/KenTradeGame/ and sign up for the Kentrade Trading Challenge by Kenanga or you can head over to https://www.kentrade.com.my/KenTrade/ to find out more.
Contest runs from October 13 to November 7, while registration ends on October 20. Upon signing up, send a screenshot of your registration and quote ‘ShaolinTiger’ over to KenTrade@kenanga.com.my and stand a chance to win a mystery prize!