When investing in Singapore stock market,
 the trading must be automated as well as based on strategic planning. 
It’s necessary to follow the systematic strategy with proper analyzation
 instead of trusting on media rumors while buying stock picks
 which will lead to make good profits when investing. Implementation of 
effective strategy which gives you earning persistence over a 
significant period of time will definitely worthy for you while trading.
 Following are the stress-free ways to guide you for how to pick stocks 
when trading in Singapore Stock market:
Document Required:
While picking a stock, you need to have the following documents:
- Original identity card for being in Singapore.
 - Your passport with your original residential address.
 - Passport of local banks which include DBS, UOB, and OCBC as these bank accounts is used to pick/ buy stock.
 - If you want a higher trading limit from the starting, then the proof of salary will be required.
 
Open a CDP Account:
CDP is a Central Depository account,
 in which all your stocks are deposited. With this Central depository 
account, you will be aware of all movements/fluctuations in stock 
market.
If you want to check how much amount of 
stock you have in your account with how much quantity, you can easily 
check through your CDP account.
Open a Trading Account:
While trading in Singapore market & to buy stock market picks & signals, you
 will require opening a account for trading which you will be using for 
purchasing & selling stock. Also note that for picking a stock, you 
must be above 18 year old.
While opening a trading account, there 
are three forms to be filled which include; main trading account 
application form, electronic payment for share form & CDP linkage 
form.
Before Purchasing First Stock in Singapore:
Once your trade account will get open, 
you will get snail mail from advisory firm containing your trading 
account number & password; this will take 3 to 5 working days.
With this, you will also receive 
statement informing your CDP account is opened. Once you get 
confirmation mail informing that your trading account & CDP account 
is linked, you can commence trading.
What after Selling the Stocks?
If you sell your stocks which exist in 
your CDP account, the funds will reach in your bank account on T+4 day 
(Transaction) which means if you sell a stock on Monday (T-date),then 
you will get your funds by Friday(T+4) in your account.
Moreover, you don’t need to effect 
payment to settle the purchase as you’ve already sold the stocks, if an 
investor gets signals for selling his stock in the contra period.
By reading these steps, I hope you have definitely got the solution for stock trading picks
 while trading in Singapore stock market. These stock picking steps are 
very much helpful if you start buying stock in Singapore.
Also, if you are looking for any advisory
 for your stock solutions, you can choose our advisory firm when it 
comes to investing in Singapore Stock market.
You can visit our website, www.mmfsolutions.sg for any solutions regarding investing in Singapore stock market.
Source:{www.mmfsolutions.sg/blog/picking-stocks-from-singapore-market-could-be-profitable-while-investing/} 














