My Trading Adventure

How a novice should start?

CP TEH
Publish date: Wed, 26 Oct 2011, 12:47 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
DOW down 100 points. GOLD up to 1700 level now. Crude oil at USD93. Yup, these strong rebounds... with USD vs MYR at 3.12(retracing).

MN : Sir, i really apperciate your way of teaching and your ethustatic to share your knowledge...i am still intersted to attend your class but please advice how should i prepared myself before attend the class..as u knw i just start to learn about trading stock and have zero knowledge about it.

it seems the classes for advance trader and i have long way to catch up with class...i thnk i should enter trading and get experience first before attend the class...i would apperciate much if sir could give me some opinion and advice ..... tq

TEH : Dear MN ... yes, you came for my first class ... it is for you to test it out. You will be joining my cohort-4 which will only start mid of next month. With you, I have 10 enquiries so far. Ok, I have my own way of teaching ... not so-called professional manner etc etc ... I dont even give a manual yet, not even provide u a drink!! Haha. But, yes ... I am a cikgu, I have passion in teaching(sharing of my knowledge) ... and will only teach what I KNOW and good in doing. I wont bull-shit with other indicators or systems I am NOT familiar with. One day, you will understand WHY 90% of them losing money. So, PLEASE DO NOT trade first, learn later.

You are NOT correct to say those coursemates of yours are advance traders!! They are not and as novice as you are. It is just that they have been in markets --- slowly you get to know them, they will be glad to share their experiences with you. That is HOW you should learn!! Not till you get burnt like many .. then only desperately paying few thousands searching for solutions with many stocks they get stucked with and blame the systems when they continue losing money!! Welcome to KLSE ...

Basic preparations : Internet ... get a broadband(it is cheap these days) so that you could be in touch with INTERNET and informations. Next, you need some basic BOOKS. You need a notebook/netbook or mobile devices which could download some CHARTS. Currently I am using ChartNexus's free 3-year chart.

Get The STAR or NST's business times. Read extensively either from newspaper or digital prints. ASK me for good websites if you dont know such. BUY the weekly The Edge and read extensively until one day, you will slowly make senses about things you read. ASK me how to start, I will show you how to read The Edge. I was reading The Edge, almost every pages in my first year!! Yes, without fail. Get the 'Share Investment' magazine from me and I teach you how to read those too(one day, I will have FA classes for those in cohort-1 to 4 who might be interested) ... and some counters to MONITOR. Yes, everything is in my plan .. to make a novice like you understand A LITTLE about markets. Yup, you are paying me a small amount to guide you. DO ASK, please. I might be strict and funny at times, but I am serious about YOUR learning. If you dont learn well, what am I there for?
Mentality : Get an OPEN-mind brain and work out your POSITIVE mentality. No one could go far with baggages of negative outlook about lives. LEARN is the key-word. Be enthusiatic about things you are going to do --- do it seriously. Treat trading as your business u are building now. You are building the FOUNDATION of knowledge. In my opinion, it is suicidal without KNOWLEDGE and EXPERIENCES.

To me, trading is a MENTAL test, not much about high IQ or more indicators or whatever .. it is COMMON SENSE and DISCIPLINE that many don't have. Dont worry, I was like you .. total ZERO knowledge about ANYTHING(serious la .. read my previous posts Haha) at all ... merely less than 4 years ago!! Believe it? Hmm ... I am a real person, u know. I can do it without much guidance, you can do it much better than me with my guidance. And you are only paying RM50-RM80(depending on attendence) per class, ok? Even after ONE YEAR with me, you have not paid thousands like many other courses!! Hmm ...

Nothing could replace EXPERIENCES. That is why I want you to join my Facebook's discussion into real trades or just for learning purposes. But, you need to attend my classes first, otherwise ... u will be lost. Yes, you will feel LOST ... of coz I understand that ... but trading or investing in stock-markets are REALLY a marathon!! Remember you told me that u understood?

TEH : Hardworking character is neede. It is a pre-requisite, actually. I do have some travelling from Kepong, Bt Caves, Rawang, Kajang ... just to learn, ya.

To gain some experiences, do open a trading account. DO NOT trade with real money yet(too raw) but trade with ''fake" accounts. If you are not sure, do ask me. Yes, I am avaiable in person for all of you to ASK. Just shoot. If I dont know or unsure, I will tell you I am not sure. It is OK to say ... we are not sure but we LEARN through ASKING and trying out. Hence, get a dummy-account, try it out.

To be conitnued .. happy Deepavali to you.

TEH
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