1. Prepare capital. If you would like to trade 1 contract, at least RM20k of capital is required. 1 contract will cost approximately RM6500 (for deposit with the securities company), but more capital will give you some confidence. You would not worry if you’ve done a few losing trade.

2. Open an account with trading house (securities). A few reputable one will be CIMB, Maybank or OSK. Unfortunately at this moment, there’s no online trading facilities for .

3. Get a real-time data feed. This will provide you a platform to perform technical analysis real-time. This is only necessary if you’re an intraday trader. Long term traders (daily) only needs the daily End-Of-Day data.

For Real-Time data feed, Telequotes and NextView are recommended. Telequotes is also a good (and cheap) End-Of-Day data provider.

4. You’ll need a charting software. Metastock is a good software. It has a very comprehensive technical indicators and very user friendly user-interface. If you’re subscribed to any of the Real-Time service (Telequotes / NextView), you’ll required to have Metastock since their charting system is good enough.

5. Now you have the facilities to trade the . Next is just pick up the phone and place your order from your broker.

Remember a good trader can only be good if he/she trades. Good luck!!

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