This is so timely. Just when I need something to get excited about, I received a mail blast from uob kh on this.
It is the Macquarie Warrant Hotshot Competition. You can read more details here: http://hotshot.dbpower.com.hk/en/home_e.cgi
I have never traded warrants before though I theoretically know what they are. I think this will be a great opportunity to learn and also push myself to find out more. It will commence 10 Aug, so I have some time to read up more. It's paper trade so effectively i don't lose anything. But that's the thing..you can invest all you want. buy and sell at wish. no transaction cost. no need to worry about how it impacts your portfolio. It gets investors excited and because they have made the game "safe", making money from warrants seemingly become easy. I need to remind myself that after the game ends, whether i made or lost money, it is still virtual. Trading in reality is still different.
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