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
Saturday, July 31, 2010
Thursday, July 29, 2010
Swans up against it to stay in top 8
Will be away from trading tomorrow and Monday.(pic: Adam Goodes, Sydney swans)
Every stock market bull, has its heroes.... like Teh Soon Seng.(Aokam) Maybe this bull run we need a 'tycoon' such as Teak Jho Low to appear in corporate manoeuvres, as well as Paris Hilton manoeuvres....
At the very least, the hoo hah has made this 'tycoon' an overnight well known personality.... a rip roaring PR success.
In The Star interview, Teak did mention on plans to bring in Mid East investors....
Wednesday, July 28, 2010
Robust IPO debut market for Ivory Properties.... Market bull is in place it seems.
30 min FKLI futures retraces into the moving averages. Settlement looms, so might be range bound?
Chasing the market.... using borrowed money. All the tenets and principles of good investing thrown out the window by Khazanah. What sort of rationale justifies chasing an ever higher purchase price? In the end interest expense will kill any potential good returns.
Trading as a business
The odds are stacked against the small trader, trying to make it.... A video by Don Miller on trading failure
Labels: Learning to trade
End of an era?
Yao Ming could quit, if his troublesome foot injury does not get better. A Pity because the NBA needs him to represent Asia.
Tuesday, July 27, 2010
Learning how to become a successful trader
I was asked today on how one can become a successful trader, what technical indicators to use, what method works best.
It so happened that one of my trading companions sent me something on the same subject. There are 3 of us in the room, we call ourselves 'The Bralerhood'. Anyway this is a comment that the blogger eminiplayer copied and posted in his blog, from another trader, Ziad. Succinct and very poignant words, basically to be successful, it is not a case of the magic setup, indicator or potion, but through a hard process of observation, doing, making mistakes, observation etc etc until one gets to know the markets and embrace the uncertainty and ambiguity that comes with participation in these 'herds' that are made up of bulls and bears. And the bralerhood agrees with Ziad whole heartedly.
Read Ziad's take on how to become a successful trader, as posted by eminiplayer.
Monday, July 26, 2010
Saturday, July 24, 2010
Tour de France decider
Luxembourg's Andy Schlek and Spain's Alberto Contadur will square off in the 52 km time trial (individual) to see who will win this year's tour tonight. Contadur has the yellow jersey and a 8 sec lead, but is the better time trialist, looking odds on to take the lead into the final stage into Paris. The leader is not attacked in the final stage by tradition, so whoever is in yellow will win the Tour.
Oh and Aussie Cadel Evans has been out of reckoning for many stages now, due to riding with an elbow fracture.
UPDATE: The penultimate stage saw Fabian Cancellara of Switzerland, the world time trial champion take the stage, but Alberto Contadur virtually sealed the Tour de France wil, by extending his 8 sec lead to 39 sec over Andy Schleck.
week ending 17/7/2010)
Friday, July 23, 2010
Thursday, July 22, 2010
Plantations: buy the laggards?
Wednesday, July 21, 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