I just got my first trading account, in Singapore, and was trying to see if I could use Dollar cost averaging myself on, say STI ETF. But I found out that the stock orders had to number minimum of 100 units. This used to be 1000 until recently.
This means that I can only invest in multiples (am i right?) of 100 units, which for the STI etf is roughly multiples of $300.
How do I possibly do either of the above strategies here? I cant buy say 98 units at a time and 102 another, I have to get 100 units.
Does this only work for penny stocks or super rich ppl who can speak in terms of 98 lots or 102 lots?
What am i missing??