FKLI Futures Trading - Bursamalaysia
This will chronicle trading in the FKLI & FCPO futures. If you don't like what you see/read in this blog, just surf away. These opinions are our personal opinions and just a record of our thoughts..."In evolution, it’s not the biggest, the fiercest nor the smartest that survive, it’s the one that changes the fastest.” I.e. the key word is to adapt the trading style to the markets, until it stops working
Friday, July 29, 2016
Monday, July 25, 2016
Monday, July 18, 2016
Friday, July 15, 2016
Wednesday, July 13, 2016
2016-07-13 07:00:00.59 GMT
By Chong Pooi Koon
(Bloomberg) -- Malaysia's central bank unexpectedly cut
interest rates for the first time in seven years, joining Asian
counterparts from Indonesia to Taiwan which have eased policy
this year to bolster their economies as global risks mount.
Bank Negara Malaysia lowered the overnight policy rate by
25 basis points to 3 percent, it said in a statement on
Wednesday in Kuala Lumpur. Reza Siregar of Goldman Sachs Group
Inc. was the only one of 18 economists surveyed by Bloomberg
News that predicted a reduction, with the rest expecting no
"They assess that the external risks have reverted much
higher," Julia Goh, an economist at United Overseas Bank Ltd. in
Kuala Lumpur, said before the decision. "Probably the domestic
sources of growth will not be sufficient to cushion the downside
risks from the external side."
Just two months into the job, Governor Muhammad Ibrahim is
facing increased pressure to lower borrowing costs to spur an
economy projected to expand at the slowest pace in seven years
amid falling oil revenue and weaker exports. The U.K.'s surprise
decision last month to leave the European Union has clouded the
global growth outlook, denting demand for Malaysian goods.
The central bank cut its inflation forecast for this year
to 2 percent to 3 percent from 2.5 percent to 3.5 percent.
Consumer prices rose 2 percent in May from a year ago.
The currency has strengthened 7.5 percent against the
dollar this year, the best performer in Asia after Japan's yen.
To contact the reporter on this story:
Chong Pooi Koon in Kuala Lumpur at firstname.lastname@example.org
To contact the editors responsible for this story:
Nasreen Seria at email@example.com
Tuesday, July 12, 2016
"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore
THE END OF AN ERA
From Dragons and Bulls by Stanley Kroll
Intro and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet/a>
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system