Preface ● 4

1.
How the stock market works

What are stocks? ● 17
What rights do shareholders have? ● 19
How Stock Trading Grows a Company? ● 20
Who Benefits When Stock Prices Rise? ● 22
Who Invests in Stocks? ● 23
If a securities firm is a stock broker, why should you pay attention? ● 25
What's the difference between par value stock and no-par value stock? ● 26
How Do Stock Prices and the Economy Work? ● 29
What's the difference between the Korea Exchange, KOSDAQ, and KONEX? ● 30
What are listings and listed companies? ● 32
Why are the number of listed companies and the number of listed stocks different? ● 34
Listing: Why Can't Just Anyone? ● 35
What is the over-the-counter market? ● 37

2.
How do I trade?

How do I create a trading account? ● 43
How do I place an order? ● 45
How are orders concluded? ● 46
Why is a limit order always advantageous? (Order method 1.
Limit order) ● 48
How can I place an order to gain an advantage when the stock price fluctuates?
(Ordering method 2.
Market order) ● 50
How do I place an order to make a trade on the same day?
(Ordering method 3.
Conditional limit order) ● 51
How do I place an order to trade at the best price?
(Ordering method 4.
Choi Yuri's limited order) ● 52
How do I place an order to buy and sell quickly, regardless of price?
(Ordering method 5.
(Highest priority limit order) ● 54
How do I order to avoid unwanted transactions?
(Ordering method 6.
Conditional Order) ● 54
How do I cancel or reserve an order? ● 56
What are the Hoga Rules? ● 58
What are the three principles of trading? ● 61
Why does it take three days for a transaction to settle? ● 63
How much does it cost to buy and sell? ● 65
Who Pays Stock Capital Gains Tax? ● 67
How do I trade simultaneous orders? ● 68
Why are there no losses with simultaneous orders? ● 72
Should untraded simultaneous bids be collected? ● 73
Are there upper and lower price limits for simultaneous order trading? ● 74
How do I trade after-hours? ● 76
How do I start a credit transaction? ● 79
Why are credit loans risky? ● 81
How can I get shortchanged when trading on credit? ● 82
Why do credit investment companies only benefit when their stock prices fall? ● 87
Why are we concerned about "empty accounts" when short selling increases? ● 90
What are some instances where a credit account becomes "empty"? ● 91
How do I trade stock-backed loans? ● 94
What are the benefits of joining the Angel Club? ● 95

3.
Market Trends: Where to Look

What can I learn from the price information? ● 101
What is a consolidation? ● 107
Why are upper and lower price limits set? ● 109
What is momentum? ● 112
How do I view household information? ● 115
How are stock indices created? ● 117
Where is the composite stock index used? ● 118
How is the KOSPI index created? ● 120
How is the KOSDAQ index created? ● 122
KOSPI 200·100·50, KOSDAQ 150, KTOP 30,
What is the KRX300 index? ● 124
Why Look at the Dow and Nasdaq? ● 127
Investing in Large-Cap and Small-Cap Stocks: What's the Difference? ● 134
When do stock prices and trading volume move in opposite directions? ● 137
What is the relationship between stock prices and deposit turnover? ● 141
What to Look for in a Stock Index Graph ● 143
What are the pitfalls of self-trading? ● 145
Trading with Foreigners: What Are the Pitfalls? ● 146
Where can I find public notices? ● 147
Why should I keep an eye on the announcements after the market closes? ● 150
Why should you avoid stocks with high credit loan balances? ● 153
How Do Stock Prices and the Economy Work? ● 156
Where Do Stock Prices Go When Interest Rates Move? ● 158
Why does a financial market boom lead to a bear market? ● 160
How Does the Stock Market Cycle Work? ● 162
Where do stock prices go when the exchange rate rises? ● 165
Where do stock prices go when the exchange rate falls? ● 168
How Do US Interest Rates Impact Korean Stock Prices? ● 169
How does the stock price move at that time? ● 172
How do stock prices move when the yen is strong? ● 174
Why do rising prices during a boom signal falling stock prices? ● 176
Which stocks rise when the price of atomic ash rises? ● 178
How Do Politics and Elections Move Stock Prices? ● 180
When will the circuit breaker be triggered? ● 181
What's the Problem with Insider Trading? ● 183
Operation: How to Find Out? ● 186

4.
Which stocks and how to invest

How to Choose Stocks and Timing: Fundamental and Technical Analysis ● 193
Why Buy Stocks with High EPS? (Fundamental Analysis Indicator 1: EPS) ● 197
Why Buy Stocks with Low P/E Ratios? (Fundamental Analysis Indicator 2: P/E Ratio) ● 199
What's the Difference Between Value and Growth Stocks? ● 204
How do you identify stocks with good sales performance?
(Basic Analysis Indicator 3.
Operating profit) ● 206
How to identify high-yield stocks?
(Basic Analysis Indicator 4.
Gross profit margin, operating profit margin, net profit margin) ● 213
How to identify high-yield stocks?
(Fundamental Analysis Indicators 5. ROA and ROE) ● 215
How to identify risky stocks with high debt levels?
(Basic Analysis Indicator 6.
Interest coverage ratio) ● 217
How to measure solvency? (Fundamental Analysis Indicator 7.
Current ratio and debt ratio) ● 220
How do you identify stocks with high growth potential?
(Basic Analysis Indicator 8.
Total assets, sales, selling and administrative expenses, equity capital, operating profit,
EPS growth rate) ● 224
How do I find high-activity stocks?
(Basic Analysis Indicator 9.
Total asset turnover ratio) ● 227
How do you know if a stock is cheap or expensive?
(Fundamental Analysis Indicators 10. PBR and PSR) ● 228
How to determine stock price movement using a candlestick chart? (Technical Analysis Indicator 1.
(Bar chart) ● 232
Where will the market go when a long candlestick appears? ● 238
How to predict future stock price direction? (Technical Analysis Indicator 2.
Trend line) ● 245
How to identify turning points in stock price fluctuations?
(Technical Analysis Indicator 3.
Moving average line) ● 249
How to Use Moving Averages in Short-Term Trading? ● 255
Is short-term trading a profitable business? ● 257
How do I know the high and low points of the price?
(Technical Analysis Indicator 4.
(separation degree) ● 261
How to Trade When Volume Changes (Technical Analysis Indicator 5. VR) ● 266
How to use market sentiment reports to determine trading timing?
(Technical Analysis Indicator 6.
Investment sentiment) ● 270
How to Determine Trading Power (Technical Analysis Indicator 7. ADR) ● 272
Is a treasury stock buyback a good thing? ● 276
How to Use Securities Firm Investment Opinions? ● 279
Are Stock Recommendations from Securities Firms Reliable? ● 282
How to Use Investment Alerts? ● 285
How to avoid the traps of investing in managed stocks? ● 288
Why is speculation pouring into liquidation stocks? ● 291

5.
Investment Points for IPO and Forfeit Stocks

What are public offering shares? ● 297
Why is subscribing to public offerings so lucrative even for beginners? ● 301
How do I subscribe to public offering shares? ● 303
Where can I get information on public offering subscriptions? ● 312
Investing in IPOs: What Are the Pitfalls? ● 313
How do I subscribe to a small-scale public offering? ● 315
Will stock prices rise if capital increases? ● 319
How to Identify Capital Eroded Stocks ● 321
How do I get free stocks during a stock dividend? ● 325
Will a stock price rise if a stock dividend is issued? ● 327
What kind of money is used for the capital increase? ● 330
Will a paid-in capital increase cause the stock price to rise? ● 332
How is a 3-party allocation paid-in capital increase conducted? ● 334
How is the new stock issuance price determined? ● 337
How long do I have to buy stocks to receive new shares? ● 339
What if I change my mind after receiving new shares through a paid-in capital increase? ● 342
How is a paid-in capital increase through a general public offering conducted? ● 344
They're offering a paid-in capital increase... Which stocks should I subscribe to? ● 346
Why is a paid-in capital increase good news for bull markets and bad news for bear markets? ● 348
Short-Term Capital Increase Investment Strategy: When to Buy and When to Sell? ● 349
What is a public offering of real-power stocks? ● 351
What is the subscription process for the public offering of real-power shares? ● 354
What is Kwon Ri-rak? ● 358
When will the ex-rights price be applied? ● 359
Why does Kwon Ri-rak's stock price fluctuate so easily? ● 360
What's good about our company? ● 362
What's the appeal of investing in over-the-counter IPOs? ● 369

6.
Investment Points for Dividend Stocks, Preferred Stocks, and Stocks with Changed Face Values

What are the attractive points of dividends? ● 375
When are dividends paid? ● 377
How is dividend size calculated? ● 380
How to Read a Dividend Payment Notice ● 382
Why is a market price dividend more advantageous when paying cash dividends? ● 384
Which is more beneficial: cash dividends or stock dividends? ● 385
How do I calculate dividend yield when receiving both stock and cash? ● 387
Why should you consider the dividend yield when paying a par value dividend? ● 388
Why does dividend yield drive up and down stock prices? ● 392
How can expected dividend yields be used in dividend investing? ● 393
Why is a higher dividend payout ratio better? ● 395
How much tax do I pay when I receive dividends? ● 396
How should I trade before and after the ex-dividend date? ● 398
How to Avoid the Ex-Dividend Trap ● 402
What kind of stock is preferred stock? ● 403
What are the investment points for preferred stocks? ● 406
What are the pitfalls of investing in preferred stocks? ● 408
What are the attractive points of the new preferred stock? ● 412
Will a stock split cause the stock price to rise? ● 415
Why do stocks consolidate their face value during a downturn? ● 420

7.
Stock Futures and Options Investment Points

What is futures trading? ● 425
What's the Difference Between KOSPI 200 and KOSPI 200 Futures? ● 427
How to Trade KOSPI 200 Futures? ● 430
KOSPI 200 Futures Trading: Where Are the Risks? ● 434
Stock investment that only benefits when prices fall? ● 436
Why does the tail wag the dog in the stock market? ● 438
Why Buy Gifts During Backwardation? ● 439
Investing in both spot and futures simultaneously is absolutely foolproof? ● 441
How is program trading done? ● 444
Why do stock prices fluctuate when program trading is on the rise? ● 445
How should I respond to sudden stock price fluctuations due to program trading? ● 447
When will Sidecar be released? ● 449
When will the circuit breaker be triggered? ● 452
Why are options better than futures? ● 455
Is it always advantageous to buy options? ● 457
How to Trade KOSPI 200 Options? ● 458
Where to Trade KOSPI 200 Options? ● 464
How to earn 17.5 million won by betting 7.5 million won on KOSPI 200 call options? ● 465
How to earn 17.5 million won by betting 7.5 million won on KOSPI 200 put options? ● 468
How to Invest in Individual Stock Options and Futures? ● 469

Look up stock terms ● 471

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