Thursday, January 05, 2012

In 2012, I will not be posting to this blog. I will migrate to the parellel blog. Basically the exchange has increased the cost of trading to the small player(locals) making short term scalping unviable. (at least until 4 April 2012) For more info on access email: emacro88@gmail.com, or use the Yahoo msgr. (basis is 'first come first served' there are only 45 spots left currently)

Well, we had dinner last night with John K, one of the largest volume locals since the KLOFFE was established. He has since given up being a local participant for a couple of years now., and is trading as a retail customer... some of his views later.

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"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 Manchester City FCl Crude Palm Oil

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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