20110228 SIMSCI futures, rebounds off the lower bollinger band on the 15 in chart...

The Predator mindset

At the Phillip Ftures Professional Futures Trader's day, concluded yesterday, the speaker Mr Leonard Kok reiterated his view on trading and having the mindset of a predator. With any setup on the chart, traders must consider that once all criteria are met, the 'kill zone' is set and the trader needs the predator mindset to go in and strike for the kill, instead of thinkin like the prey, always on the look ot over one's shoulder and 'scared' of any predators...

PhillipFutures are promoting the SGX index producvts such as the N225 and SIMSCI. They have a promotion of sgd2 per conttract traded on simsci. If anyone is serious about trying out professional trading as a business, can consider joining SGX as a TMI or TMP, meke sure you are adequately capitalised, have a well thought out trading plan, and go full leather for 3 months. Contact Phillip Futures Malaysia.

Read FAT's excerpt from his personal trading blog: A day with a Professional Trader to get moreinsight. FAT88trader, or Patrick is another of the SGX accredited trainers, who is a full time scalper with Phillip Futures Sigapore.

SGX is offering to buy the ASX for billions..... Bullish news for the simsci on the open today...

20101006 1240 SIMSCI futures 30 min starts the correction.... drags FKLI futures down.

20100714 If you were given a tennis ball, to throw at a vehicle travelling along the highway, which one is the easier to hit? A bus, or a car? The obvious question is the bigger bus. In trading index futures, it is the same, the market with the bigger tick range. Simsci futures had a 36 tick range (352.2-348.4) compared to FKLI futures 15 tick range (1340-1347.5) In this respect, it is extremely challenging to day trade the fkli futures contract.

20100709 1140 2 min SIMSCI futures chart.....

20100430 1211 A nice 123 reversal on 2 min simsci futures...

20100428 1018 Simsci futures had nice follow through..

20100428 1002 Simsci futures, 2 min 123 reversal....

20100317 1715 FKLI futures 30 min chart... Compare and contrast to the HSI and MSCI Singapore indices.... Draw what ever conclusion you want, but I been told that the FBM KLCI (and FKLI futures) are 'pariah'.

20100201 0928 Simsci futures gets to 327.7 before falling back...

20100201 0856 Simsci futures 1 min chart, a nice buy signal...

20091223 1015 Simsci futures 5 min, continues the upwards march....

20091222 1047 With the FKLI futures devoid of interest (1280 contracts so far) the simsci 5 min chart is in stair step upwards pattern.