Are you a fresh graduate wondering how to grow your money? Imagine turning RM100 into RM5,000! Sounds unreal? Well, it’s possible if you know how to play the stock market wisely.
Today I’ll show you the basics of how to make money in stocks.
Quick Stock Trading 101:
The concept is simple — buy low, sell high.
Think of it like buying a watch for RM100 and selling it to a friend for RM120. You’ve made a profit of RM20! Stocks work the same way. You buy shares at a low price and sell them higher to earn profits.
But how do you know which stocks to buy and when to sell?
Step 1: Learn to Track Price Movements
Stock prices move up and down every day. To predict these movements, you need the right tools. My favorite tool is TradingView — it lets you track share prices, analyze trends, and plan your buys and sells efficiently.
For example, if a stock is priced at RM1.00 on August 14, 2023, and rises to RM1.98 six months later, that’s a 98% gain! But remember, stock prices fluctuate — sometimes you’ll see a 10% gain in 2 days, sometimes 30% in 2 months. The key is consistency and strategy.
Step 2: Start Small
Don’t rush in with huge amounts. Start with a small investment until you understand the market dynamics. Gradually, as your confidence grows, you can scale up.
Step 3: Learn the Rules
Knowing when to buy, when to sell, and what percentage profit to aim for is crucial. I teach these strategies in detail in my stock profit courses.
Remember: This is for educational purposes only. Always invest responsibly and at your own risk.
Ready to Start Investing with a Boost? 🚀
Here’s a free MYR 20 Wahed bonus to kickstart your journey! Use my referral code MOHISM487 when signing up and get your reward instantly.
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Start small, invest smart, and watch your money grow! 🌱
