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, October 31, 2013
Wednesday, October 30, 2013
Tuesday, October 29, 2013
Monday, October 28, 2013
In short, if you make money in your trading, stand up and accept the accolades and the ﬁnancial rewards. But if you lose money, you alone should accept the responsibility. You must have conﬁdence to trade in the marker, because the most serious 'loss' of all is the 'loss' of
conﬁdence in your ability to trade independently and successfully. If you don't have that conﬁdence, you probably shouldn't be making any trades, except to close out adverse positions to limit your loss exposure. The list of speculators' laments goes on, but they all seem generally
related to carelessness or poor trade timing, misjudgement of the market trend, ignorance of the basic tenets of sound strategy, or lack of self-conﬁdence and discipline. Serious introspection suggests this thesis: a sound strategy, viable tactics and good money management, and
consistent risk control are even more important to overall success than a good technical or charting method."
Sunday, October 27, 2013
Saturday, October 26, 2013
Is the KLCI in a bull market? To me, it has been a bull since the bottom in 2009
Having to trade to meet a volume quota is stupid, because the focus is on volume, not on making profits.
Jesse Livermore said
"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."
Jesse Livermore referring to Partridge
"The money is made in sitting, not in the trading"
Friday, October 25, 2013
Thursday, October 24, 2013
Wednesday, October 23, 2013
Tuesday, October 22, 2013
Monday, October 21, 2013
Friday, October 18, 2013
Thursday, October 17, 2013
Wednesday, October 16, 2013
Monday, October 14, 2013
Market | Bursa Malaysia Market
It used to be that this bursa screen was almost real time, dunno which bureaucrat working there made the smart alec decision to make the quotes 'delayed' and practically useless....
Saturday, October 12, 2013
Friday, October 11, 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
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