By Aulia R. Sungkar. Published in HighEnd Mag, June 2012 edition.
Savvy in the realm of stock trading, Ellen May reveals the secret to a success in reaping the benefits of capital market investment.
Despite its attractive return, capital market instruments such as stocks and mutual funds carry risks that according to stock trading expert Ellen they are reversible with the smart trading approach.
“Different from gambling, in which people rely on their instinct to venture, stock trading requires the ability to read technical and fundamental analyses to profit. Especially for beginners, implementing only technical approach is more than enough to lucratively venture in the capital market investment,” Ellen explains.
She adds technical analysis is crucial to determine the direction or trend that will continue in the future. “The technical analysis is more than just price movements in a fluctuating level of supply and demand in the market. It’s what enables you to read the market.”
The fundamental approach is very complex. In order to estimate the investment value, the approach takes analyzing not only characteristics of a company but also current political and economic condition of a country.
Even though using the technical approach is more than adequate to win the stock market game, Ellen advises that having the know-how in reading the fundamental analysis will increase the feasibility of making the profit, especially for more advanced traders.
An autodidact in the real of stock trading, Ellen admits that in the beginning she relied more on her instinct in the trading. The outcome was obviously less than what she had expected. As she built more experiences through various trading activities, Ellen later managed to climb higher in the world of stock trading. The writer of the national best selling Smart traders Not Gamblers has added her name among reputable stock trading professionals and capital market observers in Indonesia.
In addition to her best selling book, Ellen actively involves in various trainings, seminars as well as TV and radio shows as capital market consultant.