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
Monday, June 30, 2008
20080630 The Jun/Jul spread on FKLI is frozen at 15.50 without any opening auction matching. This despite the June contract trading at 1184 and July at 1163.5. Crazy system Bursamalaysia has implemented?
Friday, June 27, 2008
20080626 Is this the final climactic sell off in US equity markets? Well, the H&S pattern trigger gave us the heads up on the current sell off couple of weeks back.
Thursday, June 26, 2008
Wednesday, June 25, 2008
20080625 1706. Well FKLI futures moving on from the long breakout. Now trades at 1201 level. Price action is more important than emotion in trading the markets. the fact of the matter was that 90% of players were dead set 'BEARISH", precipitating the rally in futures, which closes the discount to the cash index today.
Tuesday, June 24, 2008
Monday, June 23, 2008
Thursday, June 12, 2008
Wednesday, June 11, 2008
Tuesday, June 10, 2008
Friday, June 06, 2008
Thursday, June 05, 2008
Wednesday, June 04, 2008
Tuesday, June 03, 2008
20080603 FKLI futures fall further. The double top formation on the KLCI means bulls get the hammering over the past few hours.
Monday, June 02, 2008
"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