Uptrend on the FKLI Sep 08 contract? Support is now at 1082-84 and 1070-72.
posted by emacro @ 11:22 PM
2 comments
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, September 01, 2008
Uptrend on the FKLI Sep 08 contract? Support is now at 1082-84 and 1070-72.
"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
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
Previous Posts
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2 Comments:
No doubt from 60min chart. Like you said before, trade with in the time frame one is comfortable with. It may bear fruit.
Positional players are staying in the game. Scalping players were in and out already. Which group you belong to?
Thank you emarco, as an experienced trader for sharing FKLI information on this blog. I really appreciated it.
To be a scalper, you need low commission rates, like the local participants on BMD enjoy.
In Malaysia, the commission rate for retail is not conducive to scalping.
If retailer, should swing/positin trade, local scalping.
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