Thursday, September 24, 2009


20090924 1708 Had small move down to the low of 1216, now trades 1218 for FKLI futures.... nothing to shout about in this lethargic market.

I read with interest the article Bursa-CME tie up positive but effect not quantifiable for now. So it involves FCPO only. My question is if Bursa is going to pay a fee for Globex use, why not have tie up in index futures as well. Oh and by the way, let cme local and bursa locals have reciprocal trading rights??

Oh and the article is talking about Mayban Investment Bank's research. A bit ironic seeing Mayban Inv Bank has no futures broking arm, if you remember they gave up on that business many years ago...... How can they call themselves an Investment Bank without futures broking arm?

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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