Step 1: Know Your Market
Knowing about the listed companies in stock market and which stock to buy today is necessary before investing, as there are several stock markets around the world for trading. Depending on the movements in stock market and risk appetite, you can find such companies which are listed in Malaysia stock markets which will provide you more profits.
Step 2: Open the Central Depository System
Before investing in Malaysia share market, open a Central Depository Account System with Bursa Malaysia. A CDS is an electronically operated book entry system that record & maintain shares of owner with their transfers. It’s just like a saving your money in your bank account, you keep your particular share in this CDS account. You can open from the below mentioned two types of CDS account termed as “Nominee” & “Direct” account.
Your stock broker holds all your shares on your behalf in Nominee account. The main importance of this nominee accounts is that your stockbroker takes the responsibility of your administrative tasks or any paperwork work for you.
It’s just an opposite of nominee accounts. In ‘Direct account, you have to handle all your activities & tasks related to your shares.
You can choose from the above account as per your requirements. If you can do administrative work by your own or if you can keep patience to handle these issues, you can surely choose ‘Direct account’.
Step 3: Select a Advisory
Once you’ve your CDS account, you’ve to get a broker or advisory firm which helps you for how to start stock trading in Malaysia by giving proper malaysian stock signals. If you’re an investor in Malaysia share market, then you can get trustworthy advisory services offered by several financial institutions. You can also check out share trading comparison table for advisory services.
Step 4: Be a Best Practitioner
It’s not an easy task to earn money from trading your shares. It’s recommended that you have to do practice & have to be an expert by getting accurate Malaysia share market tips for better returns. Practicing about the trading includes detailed research about the company’s business strategies, company’s relationship with customers & suppliers and where it is placed among its other competitors.
The bottom line is that the investor must trade by analyzing the complete market trend and also have the understanding of fundamentals about the listed company with the technical analysis to trade in share market. The information about share market which provides solutions about share market movements should also be followed by the investors to get best profit potentials.