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
Monday, October 31, 2011
Sunday, October 30, 2011
Chelsea 3-5 Arsenal
Arsenal is victorious in the West londonderby v Chelsea. Thrills, spills and action aplenty....
Saturday, October 29, 2011
Van Persie's Arsenal and Drogba's Chelsea.
The PGA Tour is in town.... at the CIMB Asia Pacific Classic. Big hitting Jeff Overton is the one to watch. The prize purse is USD6 million, which sure puts to rest the myth that CIMB was going to the dungeons, the way the price was sold down below RM7.00 a share last month...
stocks we got ito on Oct 12, 2011. One stellar performer, one languid blue chip bank and one in a neglected industry, losing momentum... but can't complain though. But in reality there is no secret, whatever stock one is into would've made $. The point is to be 'in it to win it', and not having the doomsdayer mentality to hold cash and gold, hunkering down for the financial armageddon...
Friday, October 28, 2011
Well, fine examples of selfish Greeks, whose free riding on the rest of the Europea Union got the world into the 'debt crisis' predicament. And they are still so high and mighty to say "It is not our fault". The Irish and Portugese are taking their medicine and have no complaints...
protestors want to throw the thousands of financial sector workers onto the unemployed lines..... what a bunch of selfish and not so smart people, who do not understand economics.
Thursday, October 27, 2011
S&P 500 Extends Best Month Since ’87, Euro Rises on Debt Accord
X marks the spot, where the big player sold hundreds of FCPO contracts... (30 min chart)
Meanwhile, daily cash KLCI is holding above the 50 sma, a bullish stance...
Wednesday, October 26, 2011
The Solution to the European Debt Crisis
It seems the banks are playing hard ball. Like cry babies, they split the milk, and still want to drink the contaminated milk. The banks' incompetece led to them carrying a selfish nation's debt binge in the form of Greek bonds. Now they are unwilling to take the losses in the form of write offs. Why? They are selfish buggers, only concerned by their bonuses, write offs leads to losses, which affects the employee's bonuses....
manipulator who sold hundreds of contracts at the closing last minute of FCPO trading on Monday, had to endure over 40 ticks of drawdown. Granted, with the ag futures down significantly last night they may still come out ahead but that is not the point. To try to dominate the market using size.... 2 outcomes are probable, either reap big rewards or take huge losses...
"To win without fighting is best" Sun Tzu, The Art of War
Tuesday, October 25, 2011
Monday, October 24, 2011
Man City 6-1 Man United
Sunday, October 23, 2011
Rugby World Cup
The All Blacks won the world cup of rugby by beating France 8-7. Not very convincing, but the history books will show New Zealand sewing up their 2nd William Webb Ellis Cup.
Saturday, October 22, 2011
text says "Bursa did not say if the trades were made deliberately or by accident. - Reuters"
For transparency and market integrity, there should be full disclosure on such irregular activities, which in this case is very material. The full force of the Business rules should be evoked against the broker.
Friday, October 21, 2011
"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