Friday, May 30, 2014

Palm Oil May Top 3,000 Ringgit for Mistry If El Nino Occurs

this was what the "experts" thought about the likely direction of cpo futures.

Very often these "experts" don't know better....

Many traders suffer from the delusion that if this trader or that trader makes money in the markets, they are 'good traders'. It is more of marketing hype by a broker to rope in clients to cream commissions through encouragement of 'active volume trading'.

It is no trick to make money from the markets and any clown can make money.

Any clown cna make money in the markets. There is no shame to lose money as 90% will lose all their money anyway.

Brokers will always give you the bullshit, as they are selling dreams of making a fortune from speculating. The percentage of successful fortune seekers who make it is damn small...

Devoid of participation... however as always trends are trends, forever endearing

Thursday, May 29, 2014


A lot of novice traders suffer from delusions of grandeur, thinking they can be a 'locau participant' and 'scalp' the market trading huge volume for 1 or 2 ticks (tricks) and earn the fortune beyond their wildest dreams.

The reality is that nowadays with Local Liberalisation, the competition is keener for that single tick. The old days where scalping was viable is nearing the 'sunset industry' stage....


Wednesday, May 28, 2014

Quintessential Malaysian town

Sunday, May 25, 2014

Congrats Japan. Well done Malaysia

Bukit Gelugor by-election: Rep barred from entering polling centre following confusion - Nation | The Star Online

http://www.thestar.com.my/News/Nation/2014/05/25/Bukit-Gelugor-byelection-Phee/

"Fishing for votes"??????? Isn't that what politicians do? Solicit for constituent's votes? This is the bullshit the EC doles out on a regular basis.

Thank goodness we have muhibbah from Malaysia attempting to win the Thomas Cup for the first time in 22 years.

Friday, May 23, 2014

Malaysia storms into Thomas Cup semi finals

Why is the FKLI futures volume dying off?
It could be the Local Liberalisation measures that penalise the smaller traders by not giving day trade concessions on th epart of the Exchange. Food for thought?

Wednesday, May 21, 2014



Monday, May 19, 2014

30 min

Friday, May 16, 2014

Westport, another in the category of 'create your IPO', ala UOADEV. Will AAX be next?

Thursday, May 15, 2014

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Revisiting IOICORP.

There was a so called 'good trader', who bought ioicorp at around 4.40, cuts his position at 4.17 near the lows..A 'good trader'? Hardly

Monday, May 12, 2014

Manchester City 2-0 West Ham and Liverpool 2-1 Newcastle: MATCH REPORTS | Mail Online

http://www.dailymail.co.uk/sport/football/article-2624198/Manchester-City-vs-West-Ham-Liverpool-vs-Newcastle-live-Premier-League.html

Friday, May 09, 2014

Box breakout...

5 min Box on fcpo

Thursday, May 08, 2014

Majority fake

Westports, finally

Wednesday, May 07, 2014





From The Malaysian Insider, good reading


Tuesday, May 06, 2014

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Monday, May 05, 2014

Markets do not change, human nature ensures the same cycles repeat.

Bitcoin is a pyramid scheme

http://www.debate.org/opinions/is-bitcoin-a-scam

Is Bitcoin a scam?

Yes, it is

So what makes it better than any other real world currencies? Nothing really. So everyone runs around crazy waving their hands that USD is dying (it will eventually collapse at some point, or other huge implications will happen), but bitcoin is the same, it can be destroyed by the same problems a real world currency can be, its highly volatile and isn't backed by anything (alas usd is not either).

Besides, you can always hear how the first ppl that started with it very early had some real gains. Sounds pretty much like a pyramid scheme/scam.

And remember people - think for yourself - did the original creators really wanted to "make the world a better place" or "offer an alternative to fiat currencies to help people" or just to make money.

For me - well it might not be 100% scam, but it will probably fail anyway as a bad business project.


SAY NO

Sunday, May 04, 2014

ESPNFC: Soccer Gamecast: Everton vs Man City

http://m.espn.go.com/soccer/gamecast?gameId=367150

Saturday, May 03, 2014

Bitcoin: Fraud? Scam? Or Hoax? * | The Blog Quixotic

Same business model and modus operandi of a classic scam ponzi scheme. With human nature forever the same, there are always be gullible suckers on Earth who fall for these scams hook, line and sinker...

http://roominate.com/blog/2014/bitcoin-is-a-scam/

Watch "Why Is Chris Duane Threatened By BitCoin" on YouTube

https://www.youtube.com/watch?v=soBHmIaofC0&feature=youtube_gdata_player

Friday, May 02, 2014

FBM Small Cap index

Thursday, May 01, 2014

Spoof Dale order, which majority withdrew. Was about 1009 am on 30 April.

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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

fcpo.blogspot.com

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
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system