Wednesday, December 17, 2014

It was commendable for the exchange to reduce the exchange fee on FkLI futures trade, in an effort to revive a dying contract. The objective was to increase local participation which had dropped to <20 25-30.="" br="" from="" of="" traded="" volume="">
However there are still measures to improve this further, if the exchange is willing to listen.

1 They still discriminate against the smaller traders with the quota. Best to trade everybody on same level playing field in 'day trade'. Give the local concessions on day trade to everyone, irrespective of monthly volume.

2 If you want to discriminate, you  can keep the scratch trade concession.

Will they listen? Maybe need a Board meeting to be scheduled.


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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


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