Guys, just started to read up things regarding stocks. Bursa Malaysia, some books and papers, get myself readily with some cash and want to start to learn about stocks. So, any advice for newbs?

sounds fun.

haha, I'm not trying to look for fast money over here but rather, want to learn as much as possible. Saw some of my friends get that tensed because of stocks and forex. Jeez, I don't want to be them. So, any place for me to learn or you want to give me personal tutorial?

LOL, don't dim me ho lan leh~

Everyone here s sifu!

Clear the water in the cup and learn something from zero!

Of course, already PMed kueyteowlou on this.

In fact, I've been looking around bursamalaysia for the brokers' list.

Noobly asking, which one is KTL's?

lai lai, tunjuk ajar.

LOL, what an abbreviation.

hey, you haven't tunjuk ajar leh, teach newbs mah.

sadly, I'm way too far from midvalley. But, if you guys are going to organize one, do let me know too.

You know what, I have no idea at all on the things that you guys discussed. I guess I have a lot of catching up!

Read up a few things on books and sites, gonna submit my form to kueyteowlow soon. Too darn busy recently especially when school starts.

Noticing on a few companies, QL, Suria. Reading their reports and so and looks like quite ok? Anyone?

Any more things for me to read up?

Morning guys! I've been reading books and websites about stock trading but still a little bit pening when I'm reading annual reports and so. Haha

Any more sites for me to do further studying? =D

[qudo massivee=Boon3,Feb 16 2014, 06:42 PM]
There are no short cuts.

Best way to learn is to paper trade.
And do paper trading for at least 3 years.

That's your tuition.

DO not listen to idiotic people who says is ok to pay tuition fees when by losing money in the stock market.
Losing is never ok.
And one thing they will never say to you is that IF you are not careful, you could hit by a massive tuition fees which could wipe you out.

Yup. It's silly to pay tuition fees in the market.
Learn really well before you make your first ever trade.

[/quote]

Thanks boss. Have been keeping an eye on this thread and you always here giving advice.

When you mean paper trading, which means I trade stocks on paper myself right?

Ya, it's never ok. I want to know the whole thing behind all of it. There's market, there's always chance. I don't mind losing the so called 'best chance'.

The market Is so massive and I keep reading papers, annual reports, research but still feel insufficient.

How to improve my financial literacy? Do you recommend workshop? I want to learn more.

Yes, I'm doing that.

Have been tracking down the few that I'm noticing and doing it by myself.

When you said learn about myself, do you mean the reasons why do I want to trade or what? I've been asking around my friends and family. Seems like everyone is not that keen on trading on stocks because of what they heard and experienced. In my pov, they are losing money simply because they do not know what are they doing and they are kinda like, gambling.

I'm very clear that I'm not that type of short-term investor, rather I hope that I can at least expand my portfolio through stock trading, and to do that, I will need to educate myself because I know that financial literacy is the thing I lack of.

That is why I keep buying books, downloading annual reports, reading websites, checking the background of key persons in companies. Yet, I feel so little in front of those giants. Things are so complicated for me.

Yeah, I simply need more time and be more persistent.

I love to buy books, so yeah, buying them won't be a problem!

Gut feeling? really? hahahhaha you? How long you've been trading? Notice quite a lot of sifus here ah.

ahem ahem, know that already. ahem ahem.

how about cold eye's book? i do agree with some or not, most of his ideas.

yes, he does mention that the real value of companies that will be reflected on the stock price. I've been reading things regarding technical analysis too. And hey, I know nothing about charts at all.

Hence, a long way to go on educate myself.

You suggested a lot of books! Will check them out one by one! Thanks boss.

This post has been edited by billy_overheat: Feb 17 2014, 08:08 PM

I've been reading some,

Cold eye's
Some local investment books (technical analysis)- KISS/Keep Investment Simple & Stupid
Warren Buffet's
local newspapers

websites -
investopedia
i3
bursa

annual reports too and their websites to understand the companies' biz.

Am I on the right track?

Thanks Dailou Boon3, will get the books you intro!