Saturday, October 01, 2011

20110930 Daily FKLI futures, below 200 mov avg, not bullish. However manages to close above one of the shorter mov avg.... below that is bearish?

At a dinner for traders last night, a trader was commenting on his car number plate, always go for '9' as the Hokkien believes it is an auspicious number. While another trader was talking about meeting a Taiwanese feng shui master with an 'all seeing fifth eye', who basically said that there was no doubt there is a big manipulator in the local futures market. 'Why would I not kow about this?' the master said.... Basically all are hocus pocus and mumbo jumbo... believe it or not? Oh and the first trader who has the very auspicious '9' plates....is yet to turn any profits this year, being down....

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From Dragons and Bulls by Stanley Kroll
Introduction 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
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
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system