SOME of the winners at an auction activity on Sunday showed the difference between a trader and an investor.

They were among the 200 participants who tried their luck at netting investment products at a discount, making bids across six sessions of PhillipCapital Stocks & Funds Auction Game at Invest Fair 2018 over the weekend.

Up for grabs were instruments listed on the Singapore, Hong Kong and Nasdaq bourses, such as shares in Xiaomi Corp, CapitaLand or a Phillip Singapore real estate income fund.