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, February 28, 2013
Wednesday, February 27, 2013
"Mathematics is the alphabet in which God has written the universe" Gallileo
So when someone tells you that even an uneducated person can be a trader in the markets, think otherwise. If someone is successful in making oodles of $ from the market with just form 3 education, they are just a lucky gambler.
Tuesday, February 26, 2013
Monday, February 25, 2013
Look at the monthly volume since the initial spike in May 2012, the month following the imposition of the Local Liberalisation 1000 contract quota.(to enable Local to qualify for scratch and day trade concession) Basically there is no growth in volume, in fact the contract volume is cannibalised... This is what the exchange gets by listening to the nincompoop FBA
Sunday, February 24, 2013
Labels: music
Saturday, February 23, 2013
The Local Liberalisation meant that there was a discrimination against certain locals by imposing 1000 contract quota per month. This is WRONG, and as long as the quota remains, this blog will not support the fkli contract anymore.
Look at the monthly volume since the initial spike in May 2012, the month following the imposition of the Local Liberalisation 1000 contract quota.(to enable Local to qualify for scratch and day trade concession) Basically there is no growth in volume, in fact the contract volume is cannibalised... A result of the exchange listening to the dungu FBA.
"Don't apologise for saying what you feel because it is like saying sorry for being real"
UPDATE(3rd Nov 2014)
Nothing much change, the volume is still stagnant on FKLI with no growth at all, the same old players are 'controlling' the index with few players...
Friday, February 22, 2013
Thursday, February 21, 2013
Labels: music
Wednesday, February 20, 2013
Singapore, Malaysia Set 2020 Target for High-Speed Rail Link - Bloomberg
What crap is this? The north south highway stretch between slim river and ipohg is so congested during long weekends or holidays rendering it unusable to the point that motorists have to urinate on the side of the road due to the congestion. What would you expect when three lanes are funneled into two? Improve the highway with the funds rather than building such a white elephant rail to benefit cronies. Another season to cast a protest vote...
Saturday, February 16, 2013
Icahn vs. Ackman: Stay Away From Stocks Manipulated by the 1%, Says Munson | Breakout - Yahoo! Finance
Friday, February 15, 2013
Wednesday, February 13, 2013
Thursday, February 07, 2013
Wednesday, February 06, 2013
Saturday, February 02, 2013
Friday, February 01, 2013
"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
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