Sorry for jumping into this "interesting" discussion late. Anyway, I only read from page 16 onwards...so what I am going to say might already being said.

First, about Technical Analysis. If one were to go into investing that require usage of TA, I must stress that TA is a very powerful tool if you know how to use it properly. Combined with Fundamental analysis, it can become a complete skillset for share investment. Theorically, one can actually invest by only using TA. It is quite possible to make money this way. Because most TA methods took years to evolve and those trends usually do not deviate. Deviation would happen only in certain cases like certain announcement or natural disaster and so on. For cases like natural disaster, nobody can predict. Not even if you took all method of analysis into consideration. These are risks that everybody have to take in investment business. So, don't tell me crap that TA doesn't work. It does work if you know how to wield it properly.

Second, don't waste your time with Malaysian stock market if you plan to pursue full time share trading. TA doesn't work that well in Malaysian market because of the way stocks are traded here. Most of the TA methods derived from US/UK market which already see a very established market with very strong backbone. Malaysia market have so low trading value compared to US. Anyone with enough money can easily manipulate Malaysian share market because of it's low trading value. Also, we have lots of uneducated aunties and uncles who play shares purely based on speculations. Most of the time, professional market players can easily relaase some speculations and you see those aunties/uncles start panicking. If you do want to play local stock market, play long term. Short term margin based method is just not worth the risks.

Third, you have money and really interested in share investment? They best one I see so far is "Options". This is something like futures but it's based on real stocks. You can read more about it at

http://www.optionetics.com/
http://www.cboe.com/
http://www.optionsxpress.com

If you are interested there is a local person teaching options trading method. His site is

http://www.celestialoptions.com

I do know this person and I can tell you he is very technically incline with ways of trading options. There are a few other options trading lecturer in the market but most of them are not as technical as this guy. One speaker from Singapore only teach of you one easy weasy method and aims for making quick bucks for himself. Anyway you can survey around by going to their introductory seminar which is free.

BTW, not many countries have options trading. Even if some have, the volume is not high enough. Only in the US that the volume is volatile enough for trading. Depending on the method you are applying into your options trading strategy, you can make lots of money (more risk) or less money (less risk). If you ask me, I think this is a better investing method than Malaysian share trading. Options and Futures both rely a lot on TA and less on speculative news. Therefore, you don't need to waste time listening to news and stuff. But that doesn't mean you don't need to. Sometimes, some important announcements do play important role on the share.

Once you are into these things, you will know how to position yourself in the share market world.

Goodluck on your investment.

This post has been edited by abubin: Dec 29 2005, 12:20 PM

Because you can use lots of strategy depending on how greedy you are. There are all type of strategy for making quick money, risky money, stable money, big money and so on. Once you are experience enough, you can mixed them according to stock signals and by this time, I am sure you can make at least 10% return per month. That's 1,000 for 10,000 you invested, in USD!!

Once you know what options is, you won't be bothered with Malaysian market anymore.

I am saying you won't lose money but it's not as easy as losing money in share trading. You can make money if share go up or down or even sideway!!!

Hey, QQQ is one hot index among options traders!!! It is especially stays very true to TA charts.

On the type of charts to use, it really depends on your strategy. Parabolic sars is not commonly spotable and it's rare. The results also not very reliable. You have to look at other analysis to get more accurate picture. Usually parabolic sars comes with some sort of news announcement.

On bolinger band, I find it quite interesting. It can help a lot with predicting turnaround of a share.

Anyway, I have stopped trading options for sometime now. Will continue back later...really no time lah. I am in some sort of hibernation mode....