Hi guys, I am thinking of starting a new series about trading/investment here
I will be sharing the extract that I find useful when reading any trading/investing related books or articles
It will be a prudent time to kickstart this series as it will refresh my memory about the excellent points I read before, as I just started my first job as a day trader in Affin Hwang Capital.
Also because "The Monk" series is ending sooner or later, therefore this shall serve as the successor of the series ? XD
For the first post of this series, maybe I will just share some advice that I think is useful in making money in Malaysia stock market.
1.) Adjust your risk and expectation on return based on market condition.
2.) ALWAYS PLAN before you trade, if you didn't plan yesterday, DON'T TRADE today
3.) DON'T DO STUPID THINGS aka buy impulsively
4.) Strict cut loss (I always cut)
5.) Equate your risk across trades (Biggest "secrets")
6.) Read a lot of good investment books
20 Must Read Investing Books
So ya, as simple as that
Rule number 2 is important haha
Expect more in the future :)
I will be sharing the extract that I find useful when reading any trading/investing related books or articles
It will be a prudent time to kickstart this series as it will refresh my memory about the excellent points I read before, as I just started my first job as a day trader in Affin Hwang Capital.
Also because "The Monk" series is ending sooner or later, therefore this shall serve as the successor of the series ? XD
For the first post of this series, maybe I will just share some advice that I think is useful in making money in Malaysia stock market.
1.) Adjust your risk and expectation on return based on market condition.
2.) ALWAYS PLAN before you trade, if you didn't plan yesterday, DON'T TRADE today
3.) DON'T DO STUPID THINGS aka buy impulsively
4.) Strict cut loss (I always cut)
5.) Equate your risk across trades (Biggest "secrets")
6.) Read a lot of good investment books
20 Must Read Investing Books
So ya, as simple as that
Rule number 2 is important haha
Expect more in the future :)
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