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
Wednesday, June 30, 2010
Betting on Paraguay v Japan would result in 1/2 bet lost.
Tuesday, June 29, 2010
Tevez Feeling Guilty Over Offside - Australian FourFourTwo - The Ultimate football Website
Today Blatter of FIFA 'apologised' for the disallowed Frank Lampard goal. I wonder what the hell for....???
Monday, June 28, 2010
World Cup Round of 16 Odds for tonight
20100628 I heard the CME is doing 'rounds' agian at the broker firms. Right now the cpo futures on CME is trading jilo contracts.(I think) As we alluded to earlier, we wonder what tree they are barking up? Maybe they should consider giving bursa locals incentives to trade cpo, ag futures and the emini indices on globex. Incentives like trading at cme locals' rates for clearing....
Other questionable referee calls.
I am sorry, but if the goal stook it would have been 2-2 and who knows how the result might have turned out...
Saturday, June 26, 2010
Jtrader tutorials from youtube
Some tutorials for the jtrader platform, which Bursamalaysia Derivatives traders/brokers will use come September, when BMD futures/options to into globex.(CME) The jtrader can provide ability to connect to the broker by clients through internet, I heard.
A discussion on Patsystems Jtrader.
Friday, June 25, 2010
The World Cup: weenend pick
The USA v Ghana round of 16 clash are on even odds in the Asian handicap. My $ is on USA.
Wimbledon Ladies tennis
Slovakia 3-2 Italy
Thursday, June 24, 2010
The longest tennis match ever, Socceroos win 2-1 over Serbia in the World Cup
Play suspended 59-59 in John Isner v Nicholas Mahut match at Wimbledon 2010.
UPDATE: The longest match in tennis has ended 70-68.
Tim Cahill classic headed goal, Brett Holman screamer sees a sensational win for the Socceroos. Unfortunately, the goal difference from the Durban 4-0 thrashing by Germany means Australia exits the 2010 World Cup despite a total of 4 points.
Plenty to look forward to in the rebuilding process, next up the Asian Cup.
Wednesday, June 23, 2010
France dumped out of the World Cup. What bad sportsmanship... after losing 2-1 to South Africa, the French coach refused to shake hands with S Africa coach Carlos A Perreira.... Oh and he has to take all the blame for the team's failure and embarassment caused by the clown like antics of refusal to train etc...
Anyway, I was told that the Patsystems jtrader that the BM Deriv will use is only to be installed at CSA computers. This is a piece of software that traders and brokers have used for over many years, and because it is internet enabled, can be installed on any user pc. Why CSA only? If one trades from home then we need to buy CSA provided computers? Oh, btw CSA supplies pcs at twice the cost of normal pcs, from memory.
WASHINGTON (Dow Jones)--Member firms of Bursa Malaysia Derivatives Bhd. will be allowed to solicit orders from U.S. customers seeking to trade there, the Commodity Futures Trading Commission said Tuesday.
Under the agreement with the CFTC, the Malaysian derivatives platform''s clearing members can do business with U.S. customers without having to register as commodity brokers in the U.S. Exemptions like these are typically granted by the CFTC to foreign exchanges that request them as long as those exchanges offer comparable regulations and customer safeguards
Tuesday, June 22, 2010
Got this excerpt from Malaysia Finance Blog's S Dali:
NEP punishes talented Malays too, says Nazir Razak
June 20, 2010
KUALA LUMPUR, June 20 — CIMB chief Datuk Seri Nazir Razak today repeated his call for a review of the New Economic Policy (NEP), adding that the policy has been unfair to the majority of Malays.
Nazir, who is also a younger brother to Prime Minister Datuk Seri Najib Razak, said the time has come for the government to protect the interest of the majority of the Malays and not just selected few.
"I have met a Malay professional overseas who refused to return to Malaysia because he is of the view that successful Malays are not welcomed in the country. This is because the Malays' success is always linked to NEP," said Nazir in an interview with Mingguan Malaysia published today.
"In fact some of them refused to return thinking that the NEP is not for them but only to selected Malay groups, so they are better off working overseas," he said when asked if the new generation of Malays are more open to reviewing the policy.
The rest of the article is here.
Monday, June 21, 2010
Friday, June 18, 2010
Bursa Derivatives has chosen Patsystems as the front/back end technology provider for the new trading system. Attended a 'training session' on the use of jtrader. Tonight will be Promark.
Wednesday, June 16, 2010
Tuesday, June 15, 2010
Sunday, June 13, 2010
"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