investment to make profitable investment decisions in the stock market.

Its treasurer, P Raju said people who are inrested investment should attend this course so they won't end up being lurked into 'get-rich quick " scheme that according to him is rampant even in Melaka.

In a teleconversation, Tang told Melaka Hari Ini that a true investor should have a sound and logic plan. However, the plan should not be complicated. It requires a substantial study of charts including company's latest financial reports, and finally, discipline.

Tang will touch on various topics including understanding trends and chart patterns. Straits Index (M) Sdn Bhd was developer of WinChart, that specializes in technical analysis on stocks at the Bursa Malaysia as well as technical analysis charting and education for the professional and individual investors.

"Although some claimed to have 'magic' or 'secret' formulas which could produce a stunning return in a short time by predicting the target price of any stocks, we believe that investment method should be practical rather than mystical," said Tang.

In additional, the fundamental of a stock is absolutely important. Because the price of a counter with good fundamental will eventually reflected on the chart, and like wise for counters with poor fundamental.

Therefore, by understanding the financial report of a company, we can greatly reduce our investment risk by selecting good fundamental counters.

Finally, after studying of market trends and individual counter charts and their financial result, a well-disciplined investors will always be prepared for any un-foreseen circumstances; thus, a contingency or cut-loss plan.

P Raju on the other hand, reminded the public not to believe scams that claimed to able give high return rates. Be weary of these unbelievable rates of return," he added.

FPAM Melaka Chairman for Membership, Lee Hooi Li was also present at the said press conference held yesterday. For more information, please call Lee on 012 612 1369.