1) Basic plan

When you buy the stock set a stop-loss target.
This means if the price goes down a certain level (5-10%) you will sell the share.

Before you buy you also set a take profit target.
This means when you hit that price you will sell the share.

If stock goes up you can adjust your stop loss and take profit targets.

2) Stick to the plan.

It's best to paper trade before throwing in real money.

stop-lost don't work during a free fall of stock. trading happen when your price match the asking price.

lets say you stop lost at RM10 while the panic market lelong at RM9, your trade will never happen since they need to match all the RM9 stock first before doing your RM10 stock ... then people lelong at RM8.

you need to be in the market to actively change your price ... and of course your broker/remiser need to be able to key it in fast enough ... .. .

profit taking target would work, since your price will be lowest during an up trend ... you be bust stopping the sell and waiting for better price.

market going either way, its not good for your blood pressure. 

Can trading stock in malaysia make money ?  If not bcos of I switched to foreign markets, I would not touch stock anymore.

So far I hv not seen a "pure trader" made meaningful amount in Malaysia. Anybody know of any?

If doomsday on the way, stock market will be d 1st 2 crash. Then only property market. If like that, property can still buy mah for long term investment. After the storm is over, sell! What do you guys think?

Really? What news u got? Share generously!

Chieng boss, u dun scare ppl here la. Giv tipsi la.

Don't make us suspend la! What is it that next black swan? How sure yr news?  So u r suggesting back away fr stock market?