Thursday, May 23, 2013

A broker asked me about the crash of the Nikkei 225 of over 7% today. Basically traders/brokers the majority of them are short sighted, only focussing on the short term hacking away and slaving away for the exchange to look good with volume, hence are unable to make the big bucks.
 
The investors with the solid cash are the ones who will get richer while the short term focus will mire the majority of get rich quick traders into slaving the whole day for exchange KPI. Just like the solid businesses with the cash flow will get richer while the 'apong' businessmen 9 out of 10 will tapau.

I guess this is what the 'supposedly good trader' means by 'bear trend for cpo for the next 2 years'.

Fwd:

Wednesday, May 22, 2013


30 min fcpo. I guess this is what is called "we will be in bear trend for the next 2 years".(from a supposed 'good trader in cpo')


"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 Manchester City FCl Crude Palm Oil

fcpo.blogspot.com

THE END OF AN ERA

Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
The Secret to Trading Success
The Experts, do they know better?
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system