Tuesday, September 05, 2006

20060905 The new Bursatrade trading engine and PAM workstation front end, will be introduced this month on Bursa Derivatives products' trading. Next very important step to bring the market into the 'big bang' the rest of the world has already experienced, is to release the Open API (Application Programming Interface) to enable full internet trading on a straight theough processing (STP) direct to Bursa matching engine basis. Some brokers like HDM Futures Sdn Bhd already provide customers with real time quotes, but there is still an inherent inefficiency in the lag time on trade confirmations etc. Full blown online trading access for all will remedy this. Posted by Picasa

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"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

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From Dragons and Bulls by Stanley Kroll
Introduction 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
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
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system