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
Tuesday, May 31, 2011
Swansea 4-2 Reading
What a match, 3-0 half time lead by Swansea. Then a fightback by reading in the 2nd half getting the score to 3-2, they then hit the post and had a shot blocked in the six yard box which could have levelled the score. Unfortunately a rash challenge led to the penalty that took Swansea into the EPL, joining Norwich and QPR next season.
Monday, May 30, 2011
the 7% hike in electricity tariff by Tenaga Nasional..... Definition of Insider Trading.
Novak Djokovic's winning streak on the ATP Tour eoncinues to 41 consecutive, as he won v France's Gesquet at the French Open last night. As in trading all streaks come to an end sometime, question is when?
2011 League Championship playoff Final
Swansea City will face off against Radding in what is described as the richest game in football. Adam Federici's Reading will be playing to gain promotion via the 3rd place in the EPL next season, worth 50 million pounds. Football fans, it is not about just Man U, Man U, etc.....
Sunday, May 29, 2011
Barcelona FC 3-1 Manchester Uited
A dominant display by rampant Barcelona team sees them lift the Champions League trophy, their 3rd title in 5 years. Too good, too skillful one touch football.... Messi, Villa and Pedro the scorers, while Rooey's goal was a token consolation
Saturday, May 28, 2011
Champions League Final
Friday, May 27, 2011
Thursday, May 26, 2011
Wednesday, May 25, 2011
Leave emotion out of trading
Tuesday, May 24, 2011
News, Fundamentals, opinions basically bullshit
3 weeks ago, the Goldman sachs recommended to sell commodities, now the Goldman Sachs recommends to buy. As Tom Cruise in Top Gun says: "It's bullshit", which is exactly what fundamental data, expert opinions are when it comes to trading. Price action is key. Oh and btw, there are many experts been bearish for many weeks on the klci, yet it still is within the trading range....
Monday, May 23, 2011
Emmo's Blackburn Rovers emphatically beat Wolves 3-2 to stay in the EPL. When the dust settled, the teams relegated teams are West Ham, Birmingham and Blackpool.
Friday, May 20, 2011
Linkedin listed yesterday with 109% gain on the US market. Now we know why the Nasdaq was supported...
"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