Bloody stock

Subprime mortgage crisis in US has causing whole world stock deep in pain. At this point of time, I must admit that I'm a big loser from the very beginning.

What happens now? Sigh.

I'm reading an "How Speculators Exploit Market Fears" written by Ben Stein. Maybe his views can bring up some points.

I01 : My little investment

Is this a good beginning for me?

Another bloody stock crisis was happened again in last Friday. Thanks to US big brother, giving this deep impact to regional markets. Although Malaysia market is strong & solid (everybody says like this), KLCI, is again fall below 1350.

Anyway, at this early stage, it doesn't impact me much since I only investing very limited amount of money. I rather take this sell-off as "Mega Sales", a golden timing for me to get my targeted stocks with cheaper price.

Currently, I have Ramunia and MRCB on hand.

Practising - Stock game

As a newcomer, I really need a virtual stock so I can adapt myself quickly in this fast varying buy/sell environment.

I choose CIMB Stock Game as my practising platform. It is a pretty nice game to watch the moving of trading, real in time. All the buying and selling prices, 1st-2nd-3rd buy, 1st-2nd-3rd sell are updating in real time too.


You will be giving RM 500k as your initial investment modal. You can buy or sell whatever stock you want to, and gain the profit as much as you can. And because it is just a game, money is virtual, you may buy in/sell out without using your brain :)
Well, please don't apply this practice in real trading!

To check your unrealised profit and loss, just open your "Personal Portfolio" to get the latest calculation update.

Dos & Don'ts in the Stock Market

Trading in the stock market can be stressful at times but can be fruitful if investors are prudent. Here are a few pointers for you when you are in the stock market.

Dos

• Always check all information when trading.
  
• Have a proper investment plan.
  
• Invest wisely and prudently.
  
• Be aware of a stock's true value.
  
• Take the time to understand stock market principles, practices, cycles, and its ups and downs.
  
• Know your strengths and weaknesses.
  
• Protect your portfolio and share capital.
  
• Minimise your risk, and maximise your returns.
  

Don'ts

• Make the same mistakes.
  
• Follow-the-crowd without doing sufficient research.
  
• Invest following your emotions.
  
• Be impatient.
  
• Be greedy.
  
• Invest in one place. Diversify your investments.
  
• Over-borrow. Loan repayment is not an investment.
  
• Listen to rumours.
  

Source: Bursa Malaysia

Simple and remindful notes, but how many people can keep them in mind?

S03 : Trading account is up!

At last, my margin account is added to Maybank2U! It took them one day to do the linkage.

Basically, if you want to apply for MaybankInvest account thru Maybank2U, you have to go throught following process.

1. Apply MaybankInvest Share Trading & margin account thru Maybank2U


2. Maybank Securities (the branch you chosen) will call you after 2 working days


3. You then go to their branch to fill the forms & sign some documents and pay RM20. RM10 is for CDS account, another RM10 is for administrative fees


4. It takes at least 1 week to get approval! Once approved, your remisier will call you & give you your trading account no & margin account no


5. To add ur margin account to Maybank2u online, you must go Maybank to do it. Without margin account, you can't do anything
   

Overall, for my case, I took 14 days to get all these things done.

Anyway, stock trading, here I come!!

S02: Application approved!

After a week of waiting (oh not really, it's 9 days long waiting actually), I get my trading account no and margin account no finally.

What should I do after this? Yes, choose any Maybank branch and ask them to link my margin account with Maybank2u!

Sound very unfamiliar. Anyway, today is Friday, I have to wait for another week to proceed this.

S01: Apply a share trading account

STEP 1 : Get a trading account first

I just signed some documents required by Maybank Share Investment Center today.

My application of MaybankInvest is actually thru Maybank2u on last Friday. I choose the nearest SIC which located at Taipan USJ as my service branch. They called me back after 2 working days to ask me to go SIC to sign for the particular documents. After filling and signing a few documents, I have been told that they need at least one week to process my application.

The documents I filled today are actually same as what I have filled thru Maybank2u. But they asked me to refill my personal info as they only recognize the hardcopies; they wants "black & white". Then I'm guessing what is the point to ask people to use their e-Application?


Anyway, I have been informed that they will call me after the application is ok. Then i can go to any Maybank's branch to link my saving account with margin account. And at the same time, my online trading is activated too!

This is a bravely step of mine to involve in share trading after being a unit trust investor for some times. Hoping this alternative can become one of my best tool in my investment combination.