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 Q&A on Stock Market V2, General Question On Stock Market

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kiroyamasaki
post Apr 11 2016, 11:42 AM

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Hi guys, my name is Niklaus, from Klang Selangor.

Recently I've encountered a friend & also my business + life mentor, have been discussing about things and life in upcoming years to do, resulted to be stock market.

And he gave me some homework to do which I am facing some issues now, very much appreciated if any one could tell me what are these, or have any time to "Yumcha" around here :

- What is Bursa Malaysia / KLSE ?
- Study CANDLE stick chart only, what is Candle Stick Chart ?
- He asks me not to study fundamental analysis, only study technical analysis, and what are the things in technical analysis should do, how do technical analysis looks like ?
- What is OPM Plan ?

Thank you in advance for any kind replies... Very Much Appreciated..
kiroyamasaki
post Apr 11 2016, 03:39 PM

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QUOTE(PhakFuhZai @ Apr 11 2016, 02:46 PM)
google is ur best teacher
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Tried to read on google.. i wont be asking around if i understood it.. haha
kiroyamasaki
post Apr 11 2016, 07:25 PM

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QUOTE(cherroy @ Apr 11 2016, 03:58 PM)
1. KLSE still need to explain/answer?  doh.gif

2. Candle stick is one of technical charting method, Can google what it is about.

3. Technical analysis, only look at how share price move, it doesn't look at company fundamental, whether the company is making a loss or profit, or doing whatever business. It purely look at price movement trend, momentum, strength.
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I am a newbie... had no idea how stock works to date... never saw how FA & TA works before, or try to read a candlestick chart before...im lesser than a stupid.. sorry sad.gif
kiroyamasaki
post Apr 14 2016, 05:37 PM

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QUOTE(ILoveLalat.net @ Apr 11 2016, 11:03 PM)
If you're a newbie, better to first stick and understand the fundamentals. In TA, there is the Relative Strength Index (RSI), Fibonacci Retracement etc which at first sight may be confusing.

Here's the really simple and basic TA chart:

user posted image

Learn from books and videos, it'll help as you progress along the way.  thumbsup.gif
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Very much thank you.. sorry for late reply due to personal issue.. may i ask how many patterns in candlestick chart ? can you provide the names of the pattern ? EX: Shooting star / Head & Shoulder and etc...

 

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