Tuesday, 4 October 2011

Things news investor must know and do.

What you need to equip yourself .

1) Knowledge of financial products. Stock, bond, money market, options, futures, forex, CFD, ETF, dual currency, etc.
2) Observe market movement for at least 3-5 years.
3) To identify profitable opportunity. Timing is very important. Have a trading plan.
4) Willingness to risk for return. Cashflow 101 game. Learn about your purpose of investment.
5) Ability to withstand market move against you. Your psychology fitness. Open a demo Forex Trading account. Spend at least 1 hour to trade. Pick up one trading strategies. Learn one Technical Analysis.
6) Constant reading of financial market to keep abreast of latest information and market movement.
7) Learning about fundamental analysis, technical analysis and market sentiment to make timely and right decision investment.

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