In the short term, FORGET about global economy.
Takes time to impact our market anyway.
FORGET about MSIAN economy.
Direct impact on specific stock? Nah.
FORGET about disaster.
Msia kind of free of disaster and what direct impact? Of cos, exception bird flu on poultry stocks.
Politics? FORGET it.
No direct impact except GLCs.
Petrol? FORGET it too.
No direct impact, unless, nah... consumer goods product shares aren't that volatile in Msia
War? FORGET it.
Unless Msia gets attacked, but then RM will also devalue, so no point keeping cash also. But maybe then should buy GOLD. Hmm... never really thought about it cos We Msians like Swiss' concept.
Other Stock Markets, Goreng and Company announcements.
Well, forget them too. If you believe in Efficient Market Theory (EMT) price already reflected in market, so too late to do anything. E.g. When MGO (Mandatory General Offer) hits the papers, too late to do anything.
So how ar? Learn TA.
Technical Analysis works in detecting what the trends will be in the near future.
Suitable for short term outlook.
FA - Fundamental Analysis will work in the long run.
See which suit your style. Learn and use them.
Forget paper trading. Doesnt work.
As theng of bizfun says - Market is the best teacher.
