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, January 30, 2014
Wednesday, January 29, 2014
Tuesday, January 28, 2014
Monday, January 27, 2014
Stanislas Wawrinka outlasts injured Rafael Nadal to win his first grand slam title | The Courier-Mail
From: "Keith Toh" <firstname.lastname@example.org>
Date: Jan 27, 2014 7:44 AM
Subject: Stanislas Wawrinka outlasts injured Rafael Nadal to win his first grand slam title | The Courier-Mail
Sunday, January 26, 2014
Li Na's commanding Australian Open win lifts her to world No. 3 | The Australian
Friday, January 24, 2014
Stocks tumble after mixed economic news in the U.S. and disappointing news on China’s economy rattle investors | Hot Stock Minute - Yahoo Finance
Thursday, January 23, 2014
Wednesday, January 22, 2014
Tuesday, January 21, 2014
Monday, January 20, 2014
Wednesday, January 15, 2014
Friday, January 10, 2014
Thursday, January 09, 2014
Tuesday, January 07, 2014
Saturday, January 04, 2014
Friday, January 03, 2014
Thursday, January 02, 2014
Therefore, the main characteristics of the January Effect are an increase in buying securities before the end of the year for a lower price, and selling them in January to generate profit from the price differences.
The recurrent nature of this anomaly suggest that the market is not efficient, as market efficiency would suggest that this effect should disappear.
The January Effect was first observed in, or before, 1942 by investment banker Sidney B. Wachtel. It is the observed phenomenon that since 1925, small stocks have outperformed the broader market in the month of January, with most of the disparity occurring before the middle of the month.
When combined with the four-year presidential cycle, historically the largest January Effect occurs in year three of a president's term.
The most common theory explaining this phenomenon is that individual investors, who are income tax-sensitive and who disproportionately hold small stocks, sell stocks for tax reasons at year end (such as to claim a capital loss) and reinvest after the first of the year. Another cause is the payment of year end bonuses in January. Some of this bonus money is used to purchase stocks, driving up prices. The January effect does not always materialize; for example, small stocks underperformed large stocks in January 1982, 1987, 1989 and 1990.
Wednesday, January 01, 2014
"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