Trading Philosophy

First of all, before you make any investment, you must know about your own risk appetite. how much loss can you stomach before it impacts your mental health? This may seem difficult to answer unless you try it first because or else it is just theoritical. you really need to know within yourself what your risk adventure is. You can always start with the safer bet then increase the risk. example: go with Unit Trust equity then slowly moving to buy individual stocks but choose safer stocks (consumer defence) then increase your risk further go with Growth stocks then go further with the gambling stock (like new IPO that is losing money but has lot of hypes). after understanding your risk appetite, put budget to make sure you dont go insane. Then you start picking up the trading skills such as reading charts, technical analysis, understanding geo political environment, etc.. i say learn the technical later but you already start dipping your toes.. if you learn first before you start trading, you will never start. Happy Trading.