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
Thursday, March 31, 2011
Wednesday, March 30, 2011
Germany 1-2 Australia
Tuesday, March 29, 2011
Muttiah Muralitharan (the chucker), in the World Cup semi-final v NZ (Black Cats) takes a wicket in his very last over of international cricket in Sri Lanka. Murali finished with 2-42. What a career for Murali the great off spinner. The Black Cats collapsed to be all out for 217.
Monday, March 28, 2011
Saturday, March 26, 2011
bowl out the Proteas for 172. Remarkable considering their own low total of 8/221. Seam bowlers Oram and McCullum were the standout performers, taking 4 and 3 wickets respectively.
Patience and discipline.... it applies to successful trading as well.
Friday, March 25, 2011
Aussies out of the World Cup. A great century by Ricky Ponting, set up a target of 261 to win and the strength and depth of the Indian batting line up proved too good for the defending World Cup champions.
Thursday, March 24, 2011
Wednesday, March 23, 2011
Tuesday, March 22, 2011
Quote from Stanley Kroll, author of Professional Futures Trader book
If these quotations don't sound familiar, either you have just
started trading or you have a very short memory! These nearly
universal quotations express a nearly universal phenomenon-
thst is, we invariably ﬁnd a convenient way to rationalize our
errors. mistakes, and miscalculations. May I suggest a sum-ﬁre
antidote to this lomrs mentality?
Analyze your markets and lay out your strategy and tactical
moves in privacy. Don't ask anyone': advice—t.hst includes bro-
kerage advisories, market tips. and even well-intentioned floor
goaip. And don't offer your advice to anyone else. You don't care
if Cargill is buying com, Gill and Duffus is selling cocoa, or
Salomon is buying bonds. You stick to your objective analysis and
market projection based on whichever method or technique has
proven itself viable to you, and you revise that strategy only on
the basis of pragmatic and otﬂective technical evidence. Such
evidence oould be a signal from your charts. from your computer
system, or from your friend the margin clerk, who reminds you
that your position has moved adversely and that your account
has become undermargined. In short, if you do make money in
your trading. stand up and take the accolades. lf you lose money,
you alone take the rap. Obviously, you will need the conﬁdence
and the courage of your convictions to trade into or out of a
Monday, March 21, 2011
Sunday, March 20, 2011
Sunderland 0-2 Liverpool
When you look at richardson, Bardsley in the Suderland side, you can see why Man Utd are not up to Barceloa uaity and beautiful game. Barcelona lets its academy players have the chance to grow and blossom eg Messi, Inesta etc, while Man Utd always import whe they have the young talent showing promise, names like Rossi (Villareal) Pique (Barcelona and World Cup winner with Spain) Not to mention the two above, and then just sells them.
"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