Sharing No. 3

After all these sharing, if you are still determined to step into the complex stock market, then I welcome you into my world.

The doorway to the world of stock market is of course your trading account. Set up one if you have not opened a trading account. There are many brokerages in Singapore, offering different types of trading accounts – broker-assisted, online, margin, contracts for difference (CFDs), and extended settlement (ES) contracts etc. Each trading account has different features, to suit the needs of different investors. The most ordinary trading accounts are the broker-assisted and online trading accounts. Some people prefer to have personalized advice from a dealer, while others prefer to pay less commission through online trading accounts. Shop around to find one that fits your preferences.

You can find out more by reading this, “Handbook for Stock Investors: A Guide to Successful Investing”, by Goh Kheng Chuan. This book also introduces the basics to fundamental and technical analysis.

Ok, now that we are all set up, we will start taking our baby steps into the practical world of stocks investing. I will start posting bits of my daily emails to my clients to keep you all updated of the market ongoing. But please don’t forget all the theories shared earlier because they will keep you on the ground. And as we go along, you will start seeing me use technical analysis terms that may sound foreign to you. Don’t worry. The terms I will be using are fairly basic in technical analysis (because I find that they work fine for me currently), and I will also introduce some charting books for extra reading. Once I have become more adept in the application of the more advance techniques, I will share with you guys.

Alright, stay tuned.

Note: Kindly read my first post About Myself, on my disclaimer. Thank you.