Thursday, June 24, 2021

SOLD: Alibaba & Tiger Brokers. ADDED: UiPath


Sold 196 shares of Alibaba on 23 Jun at USD215.50.
Total profit of USD738.83 (1.8%) in 1 month.

Sold 1453 shares of Tiger Brokers on 23 Jun at USD25.25.
Total profit of USD1917.96 (5.52%) in 1 week.

Reason for selling:
1) Lock in profit for Alibaba + Tiger Brokers to purchase UiPath

Bought 1163 shares of UiPath on 23 Jun at USD68.

Reason for buying: 
1) Very short term buy to sell

UiPath IPO at USD56 in April 2021.

Price is attractive at USD68 currently.

2) UiPath is Leaders in Magic Quadrant for RPA (Robotic Process Automation)

3) RPA is the next gen tools 

UiPath is easy to learn, even for non-tech people.


I used POEMS for more than 1 decade and DBS Vickers for few years.
Between these 2 platform, I prefer POEMS due to its simple UI.

I started using Tiger only in Dec 2020 and it is now my preferred brokerage firm.

The advantages of Tiger over POEMS are:
  • The UI & UX of its apps
  • Easy to use & useful features
    • News feed
    • Analysis in easy to read graphical chart / diagram
  • Instant
    • Cash instantly appear in my Tiger account once I sold it instead of the need to wait for few days to reach my bank account
    • Ability to convert diff currency instantly and consider its good exchange rate
  • Super low fees 
  • Benefits such as Stock voucher aka free money
  • Games  (Predict the Market's Rise and Fall)
    • The tiger coins won can be used to exchange for Stock voucher ($$$) [Super practical]
    • Daily check in to Tiger apps will earn you tiger coins too :D

Tiger broker is giving new sign up user 1 x Starbucks share + 60 commission free trades + 500 Tiger coins if you makes an initial deposit of at least 2000 SGD or equivalent currency.

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