Table of Contents
Key Takeaways (Read This First)
- Hitting S$1,000,000 in 7 days requires extreme risk and usually substantial starting capital, network, or leverage.
- Losses can exceed your principal (e.g., margin, options, crypto derivatives).
- Consider professional advice and understand MAS regulations before acting.
What Would It Take to Reach S$1M in 7 Days?
To generate S$1,000,000 net in a week, you need either:
- Very high capital (e.g., a 5–10% move on S$10–20M), or
- Very high risk/leverage (e.g., options/CFDs/crypto derivatives), or
- Very high demand for a premium offer (e.g., closing a large B2B deal), or
- A rare market dislocation (timing/luck).
Below are paths people pursue—not recommendations—plus what skills, risk, and capital they typically require.
Path 1: Short-Term Trading (Equities/Options/CFDs on SGX & Abroad)
What it is: Attempting to profit from price moves within days.
How it might reach S$1M: Large positions or leverage magnify small moves.
What you need:
- Advanced technical/fundamental analysis, risk management, strict position sizing.
- Access to low-latency brokers, clear plan for stops and take-profits.
Major risks: Gap risk, volatility crush (options), margin calls.
Reality check: Professionals with deep experience still face frequent losses.
Path 2: Spot & Derivatives in Forex
What it is: Trading currency pairs for intraday swings or macro catalysts.
How it might reach S$1M: Leveraged moves over high-impact events (CPI, FOMC, central-bank decisions).
What you need:
- Macro thesis, event-risk calendars, discipline on leverage (e.g., <5–10x for risk control).
Major risks: Slippage, overnight gaps, black-swan events.
Path 3: Crypto Trading (Spot & Perps)
What it is: Trading BTC/ETH/altcoins; perps amplify exposure.
How it might reach S$1M: Violent crypto moves in short windows + leverage.
What you need:
- Exchange risk assessment, liquidation maths, strict max loss per trade.
Major risks: Liquidation cascades, exchange/latency risk, funding fees.
Path 4: Deal-Making (High-Ticket B2B Services)
What it is: Close one or more large contracts (e.g., S$250k–S$1M+) within a week.
How it might reach S$1M: Existing pipeline + credible offer (e.g., growth marketing, data platforms, AI integration, compliance tooling).
What you need:
- Established network, strong case studies, capacity to deliver, airtight scope.
Major risks: Deal slip, clawbacks, delivery risk, receivables timing (cash may not clear in 7 days).
Path 5: Affiliate / Info Products with Existing Audience
What it is: Launch a high-value product bundle or promote high-payout offers.
How it might reach S$1M: Large warm audience + compelling offer + scarcity window.
What you need:
- Email list, paid ads retargeting, high-converting checkout, great guarantees.
Major risks: Refunds/chargebacks, platform policy issues, ad account bans.
Path 6: Asset Flips (Rare but Possible)
What it is: Arbitrage or flipping assets (e.g., domains, digital businesses, high-end collectibles).
How it might reach S$1M: One extraordinary spread (buy-low/sell-high) completed within the week.
What you need:
- Sourcing, valuation edge, buyers ready to close fast.
Major risks: Illiquidity, due-diligence misses, logistics and escrow delays.
Quick Comparison (Illustrative Only)
| Path | Capital Usually Needed | Risk | Skill/Experience | Speed to Cash (Best Case) |
|---|---|---|---|---|
| Stock/Options/CFDs | Medium–High | Very High | Advanced | 1–7 days |
| Forex | Medium | Very High | Advanced | 1–7 days |
| Crypto | Low–Medium | Extreme | Advanced | 1–7 days |
| High-Ticket B2B | Low–Medium | Medium | Advanced sales/ops | 3–14 days (depends on invoicing) |
| Affiliate/Info | Low–Medium | Medium–High | Audience + funnels | 1–7 days (if audience is ready) |
| Asset Flips | High (inventory) | High | Niche expertise | 1–7 days (buyer lined up) |
Note: “Speed to cash” depends on settlement, invoice terms, and bank clearing. SGX equities settle typically on T+2; invoices may be 7–30 days unless you negotiate earlier payment.
Practical 7-Day Plan (If You’re Determined)
Day 0 (Prep): Define max loss (e.g., 2–5% of total capital), secure liquidity (broker/exchange), and write your risk rules.
Day 1–2: Validate one thesis (market or offer). Cut anything that isn’t an A+ setup.
Day 3–5: Execute 1–3 high-conviction moves (or run a focused launch). Track metrics hourly.
Day 6: If trailing profits exist, scale out; avoid revenge trades.
Day 7: Reconcile P&L, taxes/withholding, and document lessons. No new risks just to “hit the number.”
Singapore-Specific Notes
- Regulation & suitability: Understand MAS guidelines and whether products (CFDs, crypto derivatives) are suitable for you.
- Tax: As of writing, most individuals aren’t taxed on capital gains in Singapore, but active trading may be viewed as income depending on facts/circumstances. Seek professional tax advice.
- Platforms: Prioritise regulated brokers/exchanges, strong KYC, and robust custody.
- Consumer protection: Use 2FA, withdrawal allowlists, and avoid over-concentration on a single platform.
Safer Alternative: Play the Long Game
Consistent wealth typically comes from compounding, not one-week sprints. If your true goal is S$1M net worth, a 3–7 year plan (career leverage, equity, disciplined investing) is statistically far more achievable and less ruinous.
FAQs (Singapore)
Is it legal to trade with high leverage in Singapore?
Leverage products exist, but they’re not suitable for everyone; read risk disclosures and MAS guidance.
Can I really make S$1M with only S$10k?
Only via extreme luck or extreme leverage—both can wipe you out faster than they pay off.
What about REITs on SGX for a quick S$1M?
REITs are generally income-oriented; unlikely to produce seven-figure gains in a week.
Do I need to set up a business to invoice S$1M in a week?
If selling services, yes—sort out entity, invoicing, and payment rails in advance.
How do I protect profits if I’m up big mid-week?
Scale out in tranches, tighten stops, reduce leverage, and avoid “add to winner” without rules.
Author & Disclaimer
Written by: Banu, Singapore-based Blogger. This article is educational and not financial advice. Trading and investing carry risk, including total loss. Consult licensed professionals where appropriate.
Regulation & investor education
- MAS Investor Alert List – check if a platform/entity is unregulated or suspicious.
- MAS Consumer Advisories – risks of CFDs, crypto, unregulated platforms, etc.
- MoneySense: Investing Basics – official SG guide to investment fundamentals and risk.
- SGX Academy – Trading Education – courses and primers on equities, derivatives, REITs.
- SGX: Clearing & Settlement (T+2) – how settlement works in Singapore.
Tax & compliance
- IRAS: Income from Trade/Business – when gains may be considered taxable income.
- IRAS: Tax Treatment of Investment Income – overview of interest/dividends/capital gains.
Crypto-specific cautions
- MAS: Consumer Advisory on Digital Tokens – key risks and suitability.
- MoneySense: Cryptocurrency – What to Know – retail-focused explainer.
Scam & safety
- Singapore Police Force – Anti-Scam Centre – guidance and latest scam advisories.