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Harmful advice for traders: Octa broker’s warnings
Octa, a regulated and trusted broker, breaks down some of the worst advice traders can follow and describes potential consequences that can ensue while offering viable counterarguments.
Harmful advice #1: forget about brokers’ reputation
Imagine a trader who doesn’t care whether their broker is regulated and trusted, focusing solely on short-term financial gains mentioned in ads. This approach can be rooted in the unwillingness to go into too much detail when choosing a broker. After all, the difference between regulated and unregulated brokers often becomes evident only with time. It’s not always possible to spot a difference from the get-go, especially for the less experienced traders.
In reality, regulation plays a crucial role in defining brokers’ reliability. Some unregulated brokers may engage in unethical or illegal practices, such as unauthorised trading, churning (excessive trading to generate commissions), or offering fake investment products.
In the long term, a more reasonable approach would be to choose an experienced and globally regulated broker whose trustworthiness has been proven by traders’ reviews. If a broker meets the strict criteria of multiple regulatory bodies from various regions, it is much more likely to be a safer choice for traders.
Harmful advice #2: withdrawals are always easy, don’t fret about it
It’s only natural for those starting their trading journey to look only one step ahead and focus on achieving financial gains first. After all, tapping into a viable source of supplementary income is one of the main reasons why people start trading in the first place.
It may seem that once traders have reached their financial goals, cashing in their profits should not be a problem. However, this is where things can easily go wrong unless the broker has been carefully selected based on public information about its withdrawals.
By establishing a transparent, user-friendly transactional mechanism and offering a wide variety of withdrawal options, brokers show a client-oriented approach to business and send a clear message to their clients about their reliability.
To keep abreast with the industry benchmarks, Octa, a globally recognised broker with more than 14 years of experience, offers a fast and efficient withdrawal procedure confirmed by real-life traders’ reviews. All Octa’s fees and conditions are fully disclosed in the broker’s terms and conditions, creating a reliable trading environment.
Harmful advice #3: don’t pay attention to trading conditions
At first glance, trading conditions offered by a broker may seem a minor detail that is not worthy of consideration. After all, if a strategy is viable and executed consistently, what could go wrong? But it is worth remembering that in trading, gains and losses are marginal most of the time, and long-term success highly depends on the broker’s fees.
When evaluating financial brokers, having more knowledge leads to better decisions. This is especially applicable to trading conditions. Choosing a broker with advantageous conditions, including low spreads, efficient withdrawals, and transparent fees, may not yield immediate gains, but will have a considerable long-term impact on outcomes.
Before committing any funds, it is recommended to test the broker’s advertised trading conditions. Only brokers that are fully transparent about their charges are worth the trust. For example, Octa broker’s long and successful track record and lack of hidden fees can be verified through thousands of positive online reviews. However, the best approach remains testing trading conditions firsthand.
Harmful advice #4: in trading, caution is for the weak
At first glance, for a new trader, risk management tools may appear relevant only in cases involving ultra-short time frames or high-frequency trading activity. Otherwise, spending time on such details may seem unnecessary, since just a few high-risk trades are perceived as decisive.
However, it couldn’t be further from the truth. Stop-loss and take-profit orders are a must for any trader, regardless of their style and asset preferences. When traders focus on short-term profits and disregard the strategic aspect of trading, including using risk management tools, they enter the realm of random outcomes, which doesn’t operate in their favour.
Ignoring risk management tools and fully trusting emotions during the stressful moments of high market volatility is almost like trying to extinguish fire with gasoline. Trading becomes much less stressful and more efficient when approached with a cool head and uses all the tools at disposal to navigate sudden bursts of volatility.
Conclusion
In trading, following the fundamental rules from step one is essential for long-term success. These rules include choosing a reliable broker, since this is the only way to ensure a smooth trading experience overall. By ensuring fast withdrawals and a transparent, clearly communicated fee structure, brokers enable their clients to achieve their financial goals—and thus build up their reputation for the long term.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
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From Indonesia to Global Recognition: CUHK Biomedical Engineering Student’s Journey of Excellence
Michelle’s team achieved distinction at the prestigious iGEM Grand Jamboree 2024 in Paris, securing a Gold Medal for their project “ResiSense” and earning a nomination for Best Education in the Undergraduate category. “Participating in the iGEM Grand Jamboree marked my first European experience. The achievement exceeded our expectations and validated our year-long dedication to the project,” Michelle reflects.
Research Portfolio
Michelle’s academic journey encompasses significant research experience across multiple disciplines. Her portfolio includes a summer internship with Belun Technology Company Limited at the Hong Kong Science and Technology Park, research in optogenetics under Professor Duan Liting’s supervision, and an ongoing research internship in Professor Jonathan Choi’s nanomedicine laboratory.
Academic Excellence
The CUHK Biomedical Engineering programme offers a comprehensive curriculum integrating multiple disciplines. “The programme’s interdisciplinary approach, combining biological sciences, engineering principles, and hands-on project experience, provides an excellent foundation for innovation in medical technology,” notes Michelle, who recently presented her research findings at TEDxCUHK.
Strategic Educational Choice
Michelle selected CUHK based on its academic reputation, comprehensive scholarship programme, and strategic position in Asia. “Hong Kong’s unique position as a bridge between Eastern and Western cultures, combined with CUHK’s extensive network of industry partnerships and research opportunities, creates an ideal environment for international students,” she explains.
Future Trajectory
As she approaches her final year, Michelle is focusing on her Final Year Project while participating in a departmental innovation initiative. Her post-graduation plans include pursuing doctoral studies, building upon her substantial undergraduate research experience.
Programme Impact
Michelle’s achievements exemplify CUHK’s success in delivering world-class biomedical engineering education that combines rigorous academic training with practical research opportunities. The programme continues to attract high-caliber international students, offering comprehensive development opportunities in Hong Kong’s dynamic research and innovation ecosystem.
For detailed information about CUHK’s Biomedical Engineering programme, visit: https://www.bme.cuhk.edu.hk/new/index.php
Hashtag: #CUHK
The issuer is solely responsible for the content of this announcement.
About CUHK
Founded in 1963, The Chinese University of Hong Kong (CUHK) stands as a leading comprehensive research university, consistently ranked among Asia’s top educational institutions.
The picnic items feature vibrant, locally inspired designs created by the winners of Mediacorp’s Design Pompipi contest. The nationwide contest saw overwhelming participation with over 2,000 artwork entries and more than 18,000 votes, and the designs submitted showcased the spirit and diversity of Singapore through iconic symbols such as food, values, landmarks, and cultures.
Caltex’s SG60 picnic set is ideal for enjoying the highly anticipated National Day fireworks and various heartland celebrations across the island. With every minimum gross fuel spend of $60, customers can purchase:
- 1 Picnic Box – $12.60
- 1 Picnic Chair – $14.60
- Bundle set (1 box + 2 chairs) – $36.60 (Save $5.20)
Each fuel transaction is limited to one item or set.
OCBC cardholders will enjoy an additional $2 off each purchase or $6 off each bundle set when they pay for their fuel with OCBC cards at Caltex stations. The SG60 picnic sets are available at all Caltex stations until 31 August 2025, or while stocks last.
In support of Community Chest’s SGSHARE, Chevron Singapore will donate $2 to the Community Chest for every purchase of an individual item (picnic box or picnic chair), or $6 for each bundle set purchased from now till 31 August. This initiative, capped at S$20,000, is part of Chevron Singapore’s efforts to support the community through meaningful partnerships.
Hashtag: #Chevron #Singapore #SG60
The issuer is solely responsible for the content of this announcement.
About Caltex Singapore
Chevron Singapore Pte. Ltd. markets the 89-year-young Caltex brand, which is Chevron’s customer-facing brand in Asia Pacific and parts of the Middle East and Africa. The Caltex retail network in Singapore consists of 26 Caltex service stations and Star Mart branded convenience stores.
All Caltex service stations accept the CaltexGO mobile payment for fuel purchases. Products such as the Caltex with Techron® with Clean & Glide Technology™ petrol, Caltex Diesel with Techron® D and Havoline® motor oil are also available at all Caltex service stations. In partnership with NTUC Link, the Link Rewards Programme also enables motorists to earn 2 Linkpoints for every litre of fuel purchased at Caltex.
About Chevron
Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow new businesses in renewable fuels, carbon capture and offsets, hydrogen, power generation for data centers, and emerging technologies. More information about Chevron is available at www.chevron.com.
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ISS International School Marks SG60 with Commemorative Fee Package and Reflects on Its Founding Journey
Supporting Singapore’s Growth Through Education
In the early years of independence, the limited number of Singapore international schools was a barrier to attracting foreign investment and talent. Mr Chan, having just retired from politics, was driven by a desire to support the nation’s growth in a new capacity.
With this vision in mind, he founded ISS International School in 1981 to serve the educational needs of a growing expatriate and internationally mobile population. He sought to create a truly global institution, one that was not country-centric, welcoming students from all corners of the world. His vision was to ensure that all students receive a world-class education and to make Singapore an even more attractive destination for global talent.
Continuing a Legacy of Global Education
Since its founding, ISS has remained committed to nurturing a globally oriented school community. The school offers a full K–12 education that includes all three International Baccalaureate (IB) programmes as well as the American-style ISS High School Diploma, providing a structured pathway for students across different stages of learning.
ISS continues to operate as a family-owned, not-for-profit international school. Its community-centred approach—referred to within the school as the “Kampong Spirit”—emphasises collaboration and support among students, staff, and families. This approach continues to inform the school’s culture and daily practices.
Commemorating SG60: Looking Ahead
To mark Singapore’s 60th birthday and honour Mr Chan’s legacy, ISS International School is introducing a commemorative IB PYP school fee package. This initiative includes a limited-term school fee arrangement, applicable to families applying for the 2025/2026 academic year.
Updates on the school fee package and other announcements are available on ISS International School’s official website and social media channels.
Moving forward, ISS International School remains committed to its mission of “Educating to Make a Difference,” offering programmes that cultivate intellectual curiosity, emotional intelligence, and a strong sense of purpose. As Singapore moves into its next chapter, ISS continues to foster globally minded learners who are deeply connected to their community and ready to shape a better future.
Hashtag: #ISSInternationalSchool
https://www.iss.edu.sg/
https://sg.linkedin.com/company/iss-international-school
https://www.facebook.com/ISSInternationalSchool/
https://www.instagram.com/issintsch/
The issuer is solely responsible for the content of this announcement.
About ISS International School
ISS International School was founded in 1981, making it one of Singapore’s earliest international schools. The institution offers the International Baccalaureate (IB) programme across all grade levels as well as the High School Diploma pathway. Its campus, located in a natural hilltop setting, serves a diverse student population representing over 40 nationalities. The school remains family-owned and operates as a not-for-profit institution.
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