Hello sifus,

I want to start learning about stock market. How did you start and what is your advice for beginners?

Tried googling stock market courses and found so many... not sure which is good or if it's a scam or not? What do you guys think?



Already read LYN stock market FAQs & Guide, T+3, Dividends, commissions/fees, etc... to try and understand the basics but eager to learn more... any help is appreciated

You can check out for events for roadshow here:
https://klse.i3investor.com/jsp/eventcal.jsp

http://www.bursamalaysia.com/market/
http://www.bursamarketplace.com/

For TA
Companies like Chart Nexus offers free seminar on how to use their tools

1st have you got your emergency cash stored up? Can you tahan if you are out of job for say 2 years? These are the basic.
2nd determine what kind of investors you are.
Dividend investing, dividend growth investing (buying companies with increasing dividend), value investing (buy something you think oversold and not at real value and wait for price to pick up), growth investor (buy growing companies usually small companies and hope to profit big time), player (treat the stock market like a casino), trader?
Are you a local or international investor?
3rd what will you do if a stock drops 30% in value? What are you going to do?
4th Will you employ leverage (take loan from brokerage and buy using borrowed money)?

After answering those questions yourself (I don't need the answer, is for yourself)
Here are some resources for you or read.
https://dividendmagic.com.my/stock-investment-malaysia/ (dividend investing slow lime tortoise for Malaysian markets)
http://singaporeanstocksinvestor.blogspot.com/?m=1
https://www.mrtakoescapes.com/farmers-hunte...l-independence/
https://www.mrfreeat33.com/my-story/

Recommended books
https://www.sgbudgetbabe.com/2017/07/recomm...inance.html?m=1
https://www.mrtakoescapes.com/the-keys-to-w...hanged-my-life/
http://singaporeanstocksinvestor.blogspot....and-ta.html?m=1

Avoid stock market courses. Most of the time they do more harm than good (sell you empty stuff/useless). Read financial blogs and books.

Thanks for the info. I will try to attend the roadshows and seminars when they are in KL/PJ.

Thanks for all those links. Have spent the last 2 hours reading up on all of the resources you've linked, especially those written by Leigh on Dividend Magic.

I think my plan is to be 1/3 Hunter and 2/3 Farmer. Will only invest with cash instead of borrowing, especially since I'm still new to all of this.

Sorry... I want to ask how to sell the loose shares? Eg 2030 shares how to sell the balance 30 shares? Currently using hlrbroking

Dividend magic??

I find it unreal that some folks hold dividends so highly.

As highlighted in the MReits thread, one can actually lose money investing in reits.

So please do own research and case studies and not simply accept what you read on the Web.

Yes, tons of good info but there are just as half truths and utter bs out there.

Know the company you want to buy in. Don't simply buy.

Yup. But that's besides the point.

There is risk in buying a stick just for its dividends.

Buying a cow just for the milk alone runs the risk if the cow cannot sustain its ability to give sustained milk.

I've no problem in preaching dividend investing but the preacher has got to show some integrity and decency to explain that there are risk involved in such investing.

My 2 cents advice for beginners:

1. The real training only start when u start trading with ur own real money. This is where the learning curve is highest. The possibility of losing a few thousand focuses the mind.

2. The best way to be successful in something is to be passionate about it. People put a lot of effort in things they are passionate about. Successful stock market trading requires a lot of effort.

3. There are many ways to go about stock trading. But as a beginner, don't spread your bets. Find 1 or 2 stocks that you like and hentam to the max.. (this is perhaps more controversial advice ).

This post has been edited by Cubalagi: Sep 17 2019, 07:59 PM

1. Don't like your point 1 at all. Really disagree. ( lol. Please don't get me started. Repeated on this far too many times b4. So let's agree to disagree. Lol)

2. Fully agree.

3. Like the idea but basically what one should know is position sizing.

Cheers

Human live with guilt and ignorance, there is why every new comers will keep holding losses rather than cut their losses. Human preferred to live with delusion rather than to face the reality. They want security and never freedom.

They will ask a lot of questions and guess what? The questions will eventually come back to this: "Which stocks do you buy?". They are not interested in stocks but money. They follow the news all the time and believed it to be real.

When they lose money, it is NOT their fault but the market is unpredictable. When they do business and failed, there is nothing wrong with their products but people just dont appreciate them. They are not going to admit that they are the problem.

There is nothing you can do but ignore it. It happened over the ages. They are disciple looking for mentor and most disciple remain so and as such are inferior and certainly not teachable. The teachable ones never remain as disciple.

Such guilt and ignorance, their excess energy is channeled into distorted outburst and mass delusion.

This post has been edited by wanwaning: Sep 17 2019, 09:32 PM

Of course.

Every new year, their resolution? Get a better sifu!!



But hey... do give chance sikit lor to newbies...

I don't really care too much about dividends. I'd rather not get dividends if I know the company will put the profits back into expanding the company similar to what Amazon did.

On no 1. I won't get u started.. So I will hold my peace.. 😆

On no 3. This is because most newbies will start with small capital, 5k-10k perhaps.With that capital, better find one good stock and go for it. Maybe two. But don't position size to Rm500 n buy 5-10 stocks. There is one member here claim that he has like 10 counters with that amount of capital.

No. 3. Lol. Bad bad me. So sorry. Gave you a no head no tail reply. If you are interested do read up, win rate, profit expectancy and position sizing. Else you can search on the traders thread.

No. 1. WakakAwakawaka..... Sia Sia ni.

You no understanding me lah.

Dividends is like bonus. The problem is some people pushing and pusging and make it The thing to go for.

This is risky.

Imagine the poor cow again. A good cow, as a bonus, can give milk beside itself. (does that sound crude?)

Now imagine an investor buying the cow just for the milk. What could go wrong? (this is your risk assessment). Well the cow can grow old. Or the milk it gives out, not as good. Or it gives out lesser milk. Etc etc etc. This naturally will cause the cow value to diminish and the poor investor could lose money since the milk (or bonus) it got from the cow, does not cover the cost of investment....

And this problem is reflected in the corporate world. As dividends decline, one will lose money despite getting the dividends....

This post has been edited by Boon3: Sep 18 2019, 02:10 PM

Good advice

My advice is, dont follow other's advice (mine especially) buta-buta as everyone's journey / experiences is different.

Have a cut loss strategy, strictly adhere to it and you will be fine

Cut loss. Problem is not many is able to admit it when they are wrong. Hence, despite the theory, many just can't cut loss. The stock market isn't for anyone. Most will lose their pants.

And then there are just jokers who just jump into the market thinking stop loss will save. They fall into the trap thinking its OK and that its just tuition fees. So they just whacking and they just keep cutting loss....until all also cut.

Hi sifus ...may I Know which trading platform is good for international trading ...I am thinking to get some stocks from HK but duno which platform is suitable ..

If u don't trade often n u buy good size then the ones offered by local IBs should be good enough. But these ones, the minimum brokerage is quite high. U need to trade like at least RM20k per contract, for the brokerage to make sense.

first thing you need to know and decide is whether you wanna go the investing path or the trading path

then seek the necessary knowledge accordingly

Yes, it's so important to know who and what they are before one fights the war but it's just not easy as that.

Many might aspire to be the next Warren B of Msia but wanting and being able to is totally different. One can know the ins and outs of investing but when the time cones for they to hold on to those double digit gains, can they? When the company fundamentals starts to koyak, can they be bold enough to take their profits? When they are dead wrong, can they look at themselves and acknowledge that they had screwed up their judgement of the stock that they had assumed to be good?

And yeah, them traders they got their load of problems too...

I've been saving for the past few years and want to go full time on stocks. So hopefully, do some trading and the rest in investing long term. Now, I'm just reading up as much as I can. Started reading The Intelligent Investor. Once i'm done with that book, I'll read the others that was recommended.

This post has been edited by UsernameCopied: Sep 24 2019, 12:46 PM

Sorry bro, if you want to go full time on stocks then you shouldn't have read intelligent investor. Unless you have inherit a Huge sum of money by your parents or you are already a millionaire

My opinion. Feel free to share your argument here so we can learn from one another

Yes, welcome to gambling world. Just matter of risk factor will decide which side you are. Just don’t be greedy. Gamble wisely.

First, learn from remisier.

Basically they will teach you as long as you are his/her client.

Not true. If you are a trader then yes. Not important.

Gambling I'd you don't know what you are doing and buy hoping price all shoot up. High High mentality.

They are one of the last people I will learn from. Remover only want to make you buy and sell. They make commision if you frequently buy and sell.

hi. want to ask is there any website or tools able to screen through the businesses in the same segment? for instance input as Public bank and the tools able to tell the MBB, CIMB and etc...