Monday, March 21, 2005
Stock market.
The stock market is interesting place to earn or loss money in seconds. In USA stock markets, one can loss million dollars in one second thanks to the high volume trading.
For the past few years, I have been thought whether technical analysis can help me to earn more money from stock market. For investors or traders, they may claim it is possible and some may disagree. For me, the technical analysis does not guarantee one will success if one follow exactly what financial books say. It is totally depending on our luck.
Buying stock is darn easy compare to sell. When comes to selling stock, one has two thinkings. First, the stock price will go up. I do not want to sell. Second option, I am losing money. If I sell it, I may not be earning back my hard earn money. These two thinkings are definitely true for novice traders and investors. They do not know when to sell their stocks.
In Malaysia, only 100 counters are eligible to consider as Bursa Malaysia Index. What does 100 counters mean to investors or investors? When the index will go up, many people will think the whoever invests in the stock market will earn good income. They never think that some counters are heading south. Not all counter are going up. It is also true for Bursa Malaysia is down. When the stock market is down, nobody says how much the investors or traders lose their hard earning money.
Last but certainly not least, my advice for novice traders or investors is you do not apply bank loans to park in your stock market. You may lose all your money. The best method is that only invest if you have extra money. Try to read some financial planning books or magazines to build up your assets but reduce your liabilities if any.
For the past few years, I have been thought whether technical analysis can help me to earn more money from stock market. For investors or traders, they may claim it is possible and some may disagree. For me, the technical analysis does not guarantee one will success if one follow exactly what financial books say. It is totally depending on our luck.
Buying stock is darn easy compare to sell. When comes to selling stock, one has two thinkings. First, the stock price will go up. I do not want to sell. Second option, I am losing money. If I sell it, I may not be earning back my hard earn money. These two thinkings are definitely true for novice traders and investors. They do not know when to sell their stocks.
In Malaysia, only 100 counters are eligible to consider as Bursa Malaysia Index. What does 100 counters mean to investors or investors? When the index will go up, many people will think the whoever invests in the stock market will earn good income. They never think that some counters are heading south. Not all counter are going up. It is also true for Bursa Malaysia is down. When the stock market is down, nobody says how much the investors or traders lose their hard earning money.
Last but certainly not least, my advice for novice traders or investors is you do not apply bank loans to park in your stock market. You may lose all your money. The best method is that only invest if you have extra money. Try to read some financial planning books or magazines to build up your assets but reduce your liabilities if any.
# posted by world today @ 5:37 PM 
