Trading is like businesss. We have to do some planning before commiting to trade. Business needs lot of commmiments and capital. Nothing is easy in yhis world. Below is the requirements before trading
1. Capital ( money) - how much money do you have? The amount of trade you can do is depend on how much that you have plus extra loan from broker house. But only cash money only can use to keep the share. The 'share on loan'must be sold when T+3 over. for the small investor, RM 10000 is the lowest amount should we have but any amount you can trade .You must remember fot the cost involved for buying and selling like stamp duty, broker fee and one more ?..
2. Broker house - different broker using different traing plateform. So far i like Hong Leong and RHB. The other thing is the cost price for every transactions. Some offer 8.88 for their, some RM12 min. So better check in their website for pro and cons. I'm using Hlb broking, so far no problem.
3. Knowledge - how much knowledge about trading do you have? Learning basic skills first like support and resistance. After you learn that skill, then you can learn another skills. So many free website teach you how to use the technical analysis. You also can attend the free talk about the trading which normally conduvted by broker house
4. Make record - for every buying and trading, you must have one recording sheet. It's for you record and to check for any mistake in your decision..
Comment on shares The theme for KLCi is rubber stock and pennny stock.....
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