1. Open CDS (Central Depository System) trading Account
• Choose from this broker list by brokerage fee(commission) and check their location.
• Walk in to any of their branch outlet, I prefer CIMB at Tropicana City Mall Tower, Maybank • Investment Bank Berhad at Uptown Damansara and Plaza OSK building at Jalan Ampang.
• Document required: latest 3 months of pay slip or Income Tax Return Form or bank statement,
NRIC (both sides) or passport and proof of mailing address
• Mostly, they will charge you 10 Ringgit Malaysia and ask you deposit RM1000
• Don't ever accept their margin contract/contra settlement date, T+3 offer which mean they lend you money to buy stock and you must return the cash you borrowed to them at day 4
2. Online Live Trading Platform & historical price interactive chart
• There are web based, software or mobile apps, you will get it from broker or remisier/remiser but I prefer RHB platform (former OSK188), you can sign up here
• or download Chart Nexus (mobile apps too) for free here
• or sign up DZH International (formerly next view) for trial
• or use yahoo finance, click here
• or use google finance, click here
3. Master the knowledge
• Learn fundamental analysis, FA from here
• Learn technical analysis, TA from here
• You can found the recommended books from here
• and of course stay tune for my blog for latest info
You are ready to go, please remember to do home work and practice paper trading method (buy and sell stimulation which is not real) before you put in real money. Good luck!
