Tuesday, April 8, 2008

Automate Trading Strategy and Trade Stocks For Free, Anyone?

Anyone interested to automate his or her trading strategy and trade stocks for FREE? It may sound too good to be true but this is REAL!

Whilst online trading is nothing new in Malaysia, the momentum for online trading has picked up tremendously over the past couple of years, as investors are better informed of its advantages and the increasing penetration of internet usage across the country. First of all, the brokerage commission for online trading is lower compared to the conventional trading method of having to contact one's remisier over the telephone. It provides ease and convenience to traders and investors from the comfort of their homes or anywhere (with an internet access) for that matter. Couple with the common availability of wireless internet access in public areas particularly cafes, there is no question that this brings to an increase of trading velocity in the local stock market.

However, this poses a problem. There seems to be a major disconnect between traders and stock brokers. Personally, this is how i feel as I seldom have to contact my remisier, other than seeking some specific technical advice. Besides, my investment decisions are based purely on my own research findings and judgement, as I do not rely on hot TIPS from my broker! So, it appears that having a broker is quite redundant for many! Well, not quite i would say. This is because by virtue of having an online account, investors also have access to all the research materials and resources from the broker. These information are valuable for savvy investors to conduct their own research and keeping up-to-date with the latest information on both companies and economic development.

However, while the above is deem valuable, all the stock brokers are providing roughly the same services....or in another words, short of INNOVATION! I would say the only differentiator is probably the quality of the research materials vis-vis the other.

A positive change has happened recently...One of Malaysia's leading stock broker, RHB Investment Bank, has revolutionized the way investors trade their stocks. Besides offering the usual services mentioned above, they have offered an additional platform for their customers to base their investment decisions using a guided technical trading strategy, called RHB Analyzer. Instead of just giving you a bunch of technical charts, this system is able to screen through thousands of stocks and enable one to trade particular stocks based on a particular chosen trading strategy. In essence, the system automates trading strategy! This could save investors/traders a lot of time having to conduct extensive technical analysis on their own. Besides, it is extremely useful for investors / traders who have little or no knowledge of technical analysis!

How to trade stocks for FREE? Well, for those who sign up for this system before 30th April 2008, you are entitled to 3 FREE trades, absolutely COMMISSION FREE!

Personally i find this trading strategy effective and is very easy to use. For complete information, please visit RHB Investment Bank.

I should also qualify that I am not an agent to RHB or anyway related to them. So you should always exercise your discretion in choosing to use this system.

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