Morning Guys, would like you guys to help with answering some of my beginner questions, thank you very much. Been buying fund via FSM for a few years, i would like to learn how to trade stocks eventually.

I browse around the net looking for an online brokerage, recommendation from Lowyat is Rakuten trade and M+ mostly, is this only for Malaysia stocks & etf? Is it recommended because of the low fees? What about oversea's stock & etf? I've been watching quite abit of youtube for self study and notice that a lot of the youtuber non malaysian is using thinkorswim. My guess is do local trade with rakuten or M+, oversea with thinkorswim, but can thinkorswim buy malaysia stocks as well?

Can anyone point me to a proper channel to learn how to trade?maybe sometimes in the future daytrading? Most information on the net are bits and pieces. Thank you again.

oversea stock n etf use IBKR, there is a dedicated thread about it.

https://forum.lowyat.net/topic/1039913

for the bolded part, that is just the way it is, if u wan nicely arranged syllabus, u need to pay for course / book d. nothing to recommend, each has diff pro n con, very personal n subjective depends on which one suit ur trading style.

Before starting out, you need to know what kind of investor you are.
A growth guy, a day trader, a momentum guy, a dividend guy, a dividend growth guy, a value guy, a DCA guy, a ETF guy. If you don't know those better don't start until you know what they do.

Each have it's pros and cons.

Of course is fragmented. That's why you need to pick which one you want to do. Different video for different stategy.

These links below are about overseas brokerage.
https://forum.lowyat.net/topic/3396549
https://forum.lowyat.net/topic/4744515
https://forum.lowyat.net/topic/4843925

If you can read through all the 3 links, you will understand more.

I tot ETF should use Ameritrade or Firstrade
IBKR more suitable for trader

not sure about the other you mentioned, i have one single IBKR account for stocks and ETFs.
i'm satisfied in term of fees, funds security and its platform.

This post has been edited by lamode: Sep 3 2020, 08:07 PM

Nope. IBKR is market for trader but as a buy and hold investor (like me) no problem with using IB.

Buy or borrow books on stock investment. Avoid those books with a person on the front cover. Those are usually "gurus" or recycled non-original content.

Go read the "Intelligent Investor". I also find "A random walk down Wall Street" to be very informative. Read economics books as well. I would recommend "Dollars and Sense".

Once you have an idea on what affects the markets, learn to understand financials to get a sense of numbers. Then research about consumer and market trends. Then identify companies as if you are going to own the business. Then if the business is suitable to your risk appetite, look at the current price and evaluate on its value. If it's worth the price, then determine your risk profile and investment horizon. Then make your decision to buy or watch.