Step 1 : Read about the stock market from available material on the web or the local library.

Step 2 : Then register a virtual stock market game in CIMB iTrade. Test your knowledge and practice your plans.

Step 3 : Once you are confident with your decisions, register a CDS account with your prefered broking house and put in some money to begin trading.

Step 4 : ???

Step 5 : Profit!!    or loss depending on your decisions.

Ok step 4 was a joke, but I like to emphasize as a newbie in the stock market, never never never and again never go straight for the online stock trading, instead use a remisier/broker/dealer from your broking house so you can ask question and have a better service. Too many people in the forum seem to think the cheapest in terms of costs to trade but some have to pay the 'fees' for their mistakes because they had no guidance on the subject.

So I would strongly recommend you use the services of a remisier/broker and get comfortable how the system really works before you head for the online system which has a cheaper fees. Any uncertainty you can always call them and ask them and they will answer you the best they can. At least you know you are asking a paid professional on the subject matter rather than asking the same question in the forums populated with people like me who is self taught(with many mistakes). No offence to other 'expert' forrumers here.

And regardless of using a remisier or an internet trading system, both will have the ability for you to access the trading portal so you can view up to date prices, news and analysts reports. Which means you can do it at work.

Normally have to wait 1 week to 10 days to get the letter for the CDS account.

1)IRIS is goreng counter where usually it will move during pre-GE rally. Not a good fundamental company.
2)Can you elaborate more? i couldn't understand ur sentence. Anyway, will try my best to answer it. Bluechip stock is like normal counter as any counter else in KLSE where u can buy and sell it. The only matters is how to identify it. So far, bluechip counter are like PBBANK, Maybulk, DIGI, IOICorp and etc..Bluechip company usually give big dividend and in the same are soundly fundamental stock.
3)Depend on market sentiment, there is no exact figures. But can assure that even market sentiment is very bad, these company able to withstand it and will rebound faster than other capalang/lalang stocks. From my experience, these kind of company won't drop more than 2% in single day (note: depend on market sentiment)
4)Yup. much safer than play with call warrant, lalang stocks.