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
Saturday, December 30, 2017
Tuesday, December 26, 2017
Friday, December 22, 2017
Wednesday, December 20, 2017
Monday, December 18, 2017
Thursday, December 14, 2017
CIMB
Who needs #bitcoin and #cryptocurrencies. Basically #bitcoin etc is a money game on the internet I guess good for those who have not got money, want to get rich quick. All the hype about democracy, non governemnt currency and trust are just smokescreen for what it is. A way for organised crime and terrorists to launder money with no transparency...
Who needs #bitcoin and #cryptocurrencies. Basically #bitcoin etc is a money game on the internet I guess good for those who have not got money, want to get rich quick. All the hype about democracy, non governemnt currency and trust are just smokescreen for what it is. A way for organised crime and terrorists to launder money with no transparency...
Wednesday, December 13, 2017
As brokerages brace for bitcoin futures, Interactive's Peterffy warns of destabilization risk
As brokerages brace for bitcoin futures, Interactive's Peterffy warns of destabilization risk
https://www.cnbc.com/2017/12/07/interactive-brokers-warns-of-risk-from-bitcoin-futures.html?recirc=taboolainternal
https://www.cnbc.com/2017/12/07/interactive-brokers-warns-of-risk-from-bitcoin-futures.html?recirc=taboolainternal
Tuesday, December 12, 2017
Monday, December 11, 2017
#bitcoin basically a huge bubble with value being attributable to it by the 'greater fool' next in line to take the other side.
#Bitcoin in my opinion is like monopoly money. It's value is arbitarily determined according to the participants who own it, ie their 'perception' that it holds value. Nothing more than a bunch of 0s and 1s of computer code. No physical substance like Gold, which at least will glitter and look good as jewellery, or have useful purpose as false teeth base.
So basically #Bitcoin and other cryptocurrency will have value 'if one owns it". If "one does not own any" then it is like fake monopoly money, or like the Chinese 'Hell bank notes" No function or substance except for hype....
#Bitcoin in my opinion is like monopoly money. It's value is arbitarily determined according to the participants who own it, ie their 'perception' that it holds value. Nothing more than a bunch of 0s and 1s of computer code. No physical substance like Gold, which at least will glitter and look good as jewellery, or have useful purpose as false teeth base.
So basically #Bitcoin and other cryptocurrency will have value 'if one owns it". If "one does not own any" then it is like fake monopoly money, or like the Chinese 'Hell bank notes" No function or substance except for hype....
Friday, December 08, 2017
"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