PELATIHAN INVESTASI DI PASAR SAHAM KEPADA KOMUNITAS INVESTOR PEMULA: “FROM BEGINNER TO BE WINNERâ€

Rohmini Indah Lestari, Indarto Indarto

Abstract

The OJK program "Let's Save for Stocks" came into effect during the Covid-19 Pandemic, so that the number of new investors in the Indonesian stock market increased. This phenomenon is not being supported by an increase in knowledge and understanding of stock investment. The new investor behavior tends to be lazy to analyze to determine what stocks to trade and invest. The purpose of this community service is to provide training on procedures and strategies for investing in the stock market to novice investors. There will be an increase in the understanding and the ability of trading to obtain optimal returns. The PKM MM USM Lecturer Team collaborated with the IDX Representative Office in Central Java and PT. Panin Sekuritas Semarang provides material on investment strategies and stock trading, starting from understanding trading mechanisms, fundamental and technical analysis. The achievement of the activity objectives can be seen from the results of the pre-test and post-test. The increase in participants' understanding increased by 26.9% after receiving the training. This training has been sustainable through investment and trading assistance, questions and answers, and information sharing through the What's App group.

Keywords: capital market,invesment, investor, stock, trading, training

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References

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Ouzan, S. (2020). Loss aversion and market crashes. Economic Modelling, 92(July), 70–86. https://doi.org/10.1016/j.econmod.2020.06.015

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Talwar, M., Talwar, S., Kaur, P., Tripathy, N., & Dhir, A. (2021a). Has financial attitude impacted the trading activity of retail investors during the COVID-19 pandemic? Journal of Retailing and Consumer Services, 58(September 2020), 102341. https://doi.org/10.1016/j.jretconser.2020.102341

Talwar, M., Talwar, S., Kaur, P., Tripathy, N., & Dhir, A. (2021b). Has financial attitude impacted the trading activity of retail investors during the COVID-19 pandemic? Journal of Retailing and Consumer Services, 58(August 2020), 102341. https://doi.org/10.1016/j.jretconser.2020.102341

Wamae, J. N. (2013). Behavioural Factors Influencing Investment Decision in Stock Market: aSurvey of Investment Banks in Kenya. Inetrnational Journal of Social Sciences and Entreepreneurship, 1(6), 68–83.

Zhu, N. (2011). Individual Investor Trading. In Behavioral Finance: Investors, Corporations, and Markets (pp. 523–537). https://doi.org/10.1002/9781118258415.ch28

Chiah, M., Tian, J., & Zhong, A. (2021). Lockdown and retail trading in the equity market. Journal of Behavioral and Experimental Finance, 100598. https://doi.org/10.1016/j.jbef.2021.100598

Dale Gilham. (2021). Trading the Stock Market – Why Most Traders Fail. Wealthwithin. https://www.wealthwithin.com.au/learning-centre/share-trading-tips/trading-the-stock-market

Hsieh, S. F., Chan, C. Y., & Wang, M. C. (2020). Retail investor attention and herding behavior. Journal of Empirical Finance, 59(September), 109–132. https://doi.org/10.1016/j.jempfin.2020.09.005

Ihsan, D. M. (2021). Rekor! Jumlah Investor Saham Bertambah 1 Juta SID Sepanjang 2021 - Trenasia. TrenAsia. https://www.trenasia.com/tertinggi-dalam-sejarah-bei-catat-1-juta-sid-saham-baru-hingga-akhir-agustus-2021

IndÄrs, E. R., Savin, A., & Lublóy, Ã. (2019). Herding behaviour in an emerging market: Evidence from the Moscow Exchange. Emerging Markets Review, 38(December 2018), 468–487. https://doi.org/10.1016/j.ememar.2018.12.002

Kadan, O., Michaely, R., & Moulton, P. C. (2015). Speculating on Private Information: Buy the Rumor, Sell the News. Working Paper.

Kedar-Levy, H. (2020). Price discovery in the small and in the large: Momentum and reversal, bubbles, and crashes. Journal of Financial Markets, 48, 100505. https://doi.org/10.1016/j.finmar.2019.08.001

Madyan, M., Sasikirono, N., Sumiati, & Meidiaswati, H. (2020). The impact of public ownership and share warrants on market performance of IPOs: Evidence from the Indonesian Stock Exchange (IDX). Asia Pacific Management Review, 25(4), 226–234. https://doi.org/10.1016/j.apmrv.2020.05.002

Meshcheryakov, A., & Winters, D. B. (2021). Retail investor attention and the limit order book: Intraday analysis of attention-based trading. International Review of Financial Analysis, xxxx, 101627. https://doi.org/10.1016/j.irfa.2020.101627

Niszczota, P., & Białek, M. (2021). Women oppose sin stocks more than men do. Finance Research Letters, 41(April 2020). https://doi.org/10.1016/j.frl.2020.101803

Ouzan, S. (2020). Loss aversion and market crashes. Economic Modelling, 92(July), 70–86. https://doi.org/10.1016/j.econmod.2020.06.015

Pagano, M. S., Sedunov, J., & Velthuis, R. (2021). How did retail investors respond to the COVID-19 pandemic? The effect of Robinhood brokerage customers on market quality. Finance Research Letters, September 2020, 101946. https://doi.org/10.1016/j.frl.2021.101946

Talwar, M., Talwar, S., Kaur, P., Tripathy, N., & Dhir, A. (2021a). Has financial attitude impacted the trading activity of retail investors during the COVID-19 pandemic? Journal of Retailing and Consumer Services, 58(September 2020), 102341. https://doi.org/10.1016/j.jretconser.2020.102341

Talwar, M., Talwar, S., Kaur, P., Tripathy, N., & Dhir, A. (2021b). Has financial attitude impacted the trading activity of retail investors during the COVID-19 pandemic? Journal of Retailing and Consumer Services, 58(August 2020), 102341. https://doi.org/10.1016/j.jretconser.2020.102341

Wamae, J. N. (2013). Behavioural Factors Influencing Investment Decision in Stock Market: aSurvey of Investment Banks in Kenya. Inetrnational Journal of Social Sciences and Entreepreneurship, 1(6), 68–83.

Zhu, N. (2011). Individual Investor Trading. In Behavioral Finance: Investors, Corporations, and Markets (pp. 523–537). https://doi.org/10.1002/9781118258415.ch28

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