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
Thursday, April 28, 2016
Tuesday, April 26, 2016
1MDB Says It's in Default After Missing Interest Payment
2016-04-26 01:32:23.129 GMT
By Shamim Adam
(Bloomberg) -- 1Malaysia Development Bhd. said it didn't pay $50 million of interest on a $1.75 billion bond amid a dispute with Abu Dhabi's sovereign wealth fund on who should be making the payment.
The company said it's withholding an interest payment because Abu Dhabi's International Petroleum Investment Co., which is the co-guarantor of the bonds maturing in 2022, hadn't met the obligation either, according to an e-mailed statement ahead of a deadline on Monday night in New York.
"Whilst 1MDB has the funds to have made the interest payment, it is 1MDB's position, as a matter of principle, that it was IPIC's obligation to do so," the company said. "Until IPIC accepts that all obligations have been met, 1MDB is obliged to withhold payments and will seek legal recourse and resolution."
Monday, April 25, 2016
Saturday, April 23, 2016
Friday, April 22, 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