Trading Futures is like starting a business. There is always a risk that your business venture might lose money. But if you dont try it, you will never know. As such, you have to save enough money first as a start-up capital and once you see a steady and positive result, you can slowly increase your capital...
The minimum amount you need to start trading FKLI is RM4000. Some of the attractions of FKLI are :-
1. If you are not experience in the stockmarket, its not easy to decide what shares to buy since there
are so many Companies out there and you have to do a lot of reading to find out about each
company. Not everyone has the time to do this. So trading in FKLI saves a lot of time as you only
need to know about the general outlook of the global and local market since FKLI is based on
KLCI. This is a good start to learning about the stockmarket.
2. The Leverage for FKLI (1 point = RM50) is higher compared to FCPO. That means, if you gain 20
points trading FKLI, you make a profit of RM1,000, but the reverse is also true
( ie, huge profit, huge loss).
The minimum amount you need to start trading FCPO is RM6000. Some of the attractions of FCPO are :-
1. Its a consumer product and our biggest buyers are China and India, both with very big population.
So, the demand will always be there.
2. The market for bio-diesel is growing due to environmental concerns and rising price of oil. So, more
demand for CPO in the future.
3. High volatility. In the futures market, its easier to take advantage of price fluctuations if the market
is volatile since you can buy or short-sell.
4. Risk is lower compared to FKLI since 1 point = RM25. So, if you lose 10 points trading FCPO, your
loss is RM250, compared to RM500 for FKLI.
5. Malaysia Boleh ! 100% Made in Malaysia! Support Malaysian goods ! ;p
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