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Trading on Bursa Malaysia was relatively subdued today. The FTSE Bursa Malaysia KLCI opened slightly higher at 1,618.20,...
05/11/2024

Trading on Bursa Malaysia was relatively subdued today. The FTSE Bursa Malaysia KLCI opened slightly higher at 1,618.20, with a modest rise driven by major banking stocks, including CIMB and Maybank.

By the midday break, the index closed at 1,619.65 points, reflecting an increase of 3.22 points or 0.20%. The half-day trading volume reached 1.46869137 billion shares, with a trading value of RM988.493399 million.

KHAZANAH Nasional Bhd (Khazanah) dan Permodalan Nasional Bhd (PNB) menerima RM3.1 juta hasil daripada penjualan saham da...
04/11/2024

KHAZANAH Nasional Bhd (Khazanah) dan Permodalan Nasional Bhd (PNB) menerima RM3.1 juta hasil daripada penjualan saham dalam Fashion Valet Sdn Bhd (FashionValet), menurut Kementerian Kewangan (M*F).

Kementerian itu menjelaskan, penjualan tersebut merupakan langkah keluar yang bertanggungjawab oleh Khazanah dan PNB daripada FashionValet kepada pelabur strategik.

For example, if your account is worth $30,000, you should risk up to $300 on a single trade if the risk limit is set at ...
02/11/2024

For example, if your account is worth $30,000, you should risk up to $300 on a single trade if the risk limit is set at 1%. Depending on your risk sentiment, you can move this limit to 0.5% or 2%.


In general, the lower the number of trades you are looking to open the bigger the position size should be, and vice versa.


Three successful strategies
By now, you have identified a time frame, the desired position size on a single trade, and the approximate number of trades you are looking to open over a certain period of time. Below, we share three popular forex trading strategies that have proven to be successful.

31/10/2024

Trading Strategy 4: Breakout System
Horizontal breakouts are among my favorite trading concepts and especially for new and struggling traders, spotting horizontal levels is usually much easier because they are very objective.

A good horizontal level is validated after the second touchpoint and with every subsequent touch, a level gets progressively weaker.

In the screenshot below, the horizontal resistance level at point (1) has around 5 touchpoints. Such a level has a high likelihood of breaking. Even more so, just before the breakout, the price was “sticking to the level” which means that the sellers were not able to push the price lower and the buyers came into the market more and more. In my trading, I call this concept a “lower bounce” and it often foreshadows a high probability breakout.

Once the price has broken out of the sideways range, a trader would wait for short consolidations that allow you to draw horizontal levels at the top. Points (2) and (3) are great examples here. Such consolidation phases are often used to time trend-following entries and I talked about this in the past in my pullback-strategy guide.

30/10/2024

5 Place Your Order to Buy or Sell Stocks
It's time to place orders with your brokerage when you've developed a trading plan and researched a range of stocks. You'll have to specify the stock ticker symbol, the number of shares you want to trade, and the type of order you want to use when you're placing an order.

Market orders: These are the simplest type. You ask your brokerage to buy or sell a stock at the best available price. Market orders are executed quickly so you can be sure your trade will go through. You can get an unfavorable price, however, especially when there's lots of market activity or when you're dealing with stocks that don't trade frequently. Market orders are best used when you want to make a trade quickly and you're willing to accept the present market price.
6
Limit orders: You set the maximum price you're willing to pay for a stock with these orders if you're buying or the minimum price you're willing to accept if you're selling. Limit orders give you more control over the ex*****on price but they don't guarantee that your order will be filled. Your order won't go through if the stock never reaches your limit price. These orders are useful when you have a specific price in mind and are willing to wait for the market to reach that level.

Stop orders: These are triggered when a stock reaches a specific price known as the stop price. The order becomes a market order and is filled at the next available price when the stop price is reached. Stop orders can limit losses on a trade or protect profits should your stock start to fall. Your order could be filled at a price significantly different from your stop price, however, in fast-moving markets.

Order modifications and cancellations: You may be able to cancel or modify your order before it's executed, such as by changing the limit price or number of shares. But keep in mind that your order may be filled in fast-moving markets before you can do so.

29/10/2024

Ram invested Rs 2,000 per year in balanced mutual funds between the ages of 24 and 30; he earned a 12 percent after-tax return, and he continued to make 12 percent per year until he retired at age 65.

Shyam also invested Rs 2,000 per year and earned the same return, but he waited until he was 30 to start and continued to invest Rs 2,000 per year until he retired at age 65.

It is difficult to imagine at the end of the age of 65; both would end up having 10 Lakhs. But Ram had to invest only Rs 12,000 (i.e., Rs 2,000 for six years), while Shyam had to invest Rs 72,000 (Rs 2,000 for 36 years) or six times the amount that Ram invested to delay his investment by six years.

If you expect an annualized return of 18% on your investments, it means that after four years, your money will double, your investment will multiply four times in the next four years, and so on.

This shows how compounding has a significant positive impact in the later stages of the investing cycle. As a result, you must keep your money invested for longer so that the force of compounding can help you become wealthy.

There is a significant difference between investing from the age of 18 and starting to invest at the age of 28. The gap of 10 years between these two starting points will have a tremendous impact on the wealth corpus you will have at the end of your investment period.

The more you can compound interest on your investment, the faster investment will accumulate and the better off you will be when you retire and start enjoying your savings.

So early investments in your career will help you build a secure future.

29/10/2024

Solid corpus for achieving the big dream
Early-age investments enhance the probability of reaching financial stability at a very young age.

If you start your saving and investing journey at the age of 20, you will have a perfect corpus by the age of 40 to 50, and you will also have a better idea of how your investments worked out.

Post that, you will have a corpus big enough that you will be able to take care of that dream house of yours or have a good retirement life. With technology at a younger age, you invest in avenues that can give high returns.

26/10/2024

KUALA LUMPUR: Bursa Malaysia traded within a narrow range and ended the day lower, indicating a lack of strong buying interest.

Investors appeared to take a step back to evaluate the specifics of the 2025 Budget amid muted trading conditions.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 0.31 of a point, or 0.02 per cent to 1,645.68 from Friday's close of 1,645.99.

The benchmark index began the day with a slight increase, opening 0.72 points higher at 1,646.71.

25/10/2024

Pairs trading
Pairs trading is finding the correlated pair of instruments where the valuation relationship has gone out of whack, buying under-priced instruments and the selling the overpriced ones. The aim is to make a profit irrespective of market conditions such as downtrends, uptrends and so on

24/10/2024

Bursa Malaysia continued its downward trend at the close of the morning trading session today, primarily influenced by profit-taking in selected heavyweights and weaker sentiment among regional counterparts, according to an analyst.

By 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) had decreased by 6.93 points, or 0.42 per cent, settling at 1,634.60 compared to Wednesday’s closing of 1,641.53. The benchmark index began the day 2.48 points lower at 1,639.05, fluctuating between a high of 1,643.08 and a low of 1,634.12 during the session.

In terms of market breadth, decliners outnumbered gainers by 639 to 228, while 467 counters remained unchanged. Additionally, 1,168 stocks were untraded, and nine were suspended.

23/10/2024

Lower Costs

Using day orders can also help traders lower their trading costs. Since day orders only last for a single trading day, traders can avoid paying overnight fees or interest charges that are commonly associated with holding positions overnight. This can help traders save money and increase their overall profitability.

21/10/2024

Better Relations Between Countries
The economic interdependence of countries that results from international trade can lead to strong relationships of cooperation in other areas. When countries engage in a substantial amount of trade, they are more likely to avoid other areas of conflict between the nations.

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