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
Tuesday, March 31, 2015
Thursday, March 26, 2015
Wednesday, March 25, 2015
Tuesday, March 24, 2015
Monday, March 23, 2015
Friday, March 20, 2015
Wednesday, March 18, 2015
Sunday, March 15, 2015
Friday, March 13, 2015
Thursday, March 12, 2015
So you want to be a trader? Trading mantra by Stanley Kroll one must adhere to..
Analyse your markets and lay out your strategy and tactical moves in advance, and in privacy. Don't ask anyone's advice, and that includes' brokerage advisories, tips and even well-intentioned market gossip. And, don't offer your advice to anyone else. You shouldn't care if Shearson is buying ABC or if Salomon is selling XYZ. You should stick to your objective analysis and market projection based on whichever method or technique has proven viable for you; and you should revise that strategy only on the basis of pragmatic and objective technical evidence. Such evidence could be a signal from your chart analysis, your computer system or from the margin department, which reminds you that your position has moved adversely and that your account has become undermargined.
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
Wednesday, March 11, 2015
Saturday, March 07, 2015
Friday, March 06, 2015
Thursday, March 05, 2015
Wednesday, March 04, 2015
Tuesday, March 03, 2015
Monday, March 02, 2015
"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