Wednesday, July 14, 2010
Mama Mia!
FKLI has been soaring since I previously turned Short bias, LOL! Although no action was taken yet while I am waiting for a swing high point still (for quite some time now, LOL), here we arrive nearer to another pivotal level 1345! C'mon, let the show begin, Mr.Market please tell me where to go from here! LOL!
Thursday, July 8, 2010
Scheisse!
Guess "Scheisse" could be the most popular word for most Germans last night, Scheisse! LOL!
Blogging is a risky business for traders. Nothing much to gain except you get to flex your ego. Sometimes, you get your arse exposed!
Just read one trader's post about his profits 1000pts "RM25,000" out of account balance RM70,145, Commission RM800.
My simple estimation : Probably he traded 16~20 contracts based on the commission amount, and that derives to about RM4K +/- trading margin per lot (based on account balance / number of contracts)? And I am scratching my head now. Are you not? LOL!!
Well, there could be other explanations, maybe... LOL!!!
Blogging is a risky business for traders. Nothing much to gain except you get to flex your ego. Sometimes, you get your arse exposed!
Just read one trader's post about his profits 1000pts "RM25,000" out of account balance RM70,145, Commission RM800. My simple estimation : Probably he traded 16~20 contracts based on the commission amount, and that derives to about RM4K +/- trading margin per lot (based on account balance / number of contracts)? And I am scratching my head now. Are you not? LOL!!
Well, there could be other explanations, maybe... LOL!!!
Monday, July 5, 2010
So you think FKLI is going down? Part III
Scheisse (Shit in German)! No, I didn't convert to German just because Germany is almost the strongest football team as we speak. LOL!!
Why scheisse? Nothing actually, just trying to tease those girls.
OK, back to business. FKLI is now officially sub-1300.
Warning has been given last week, as I knew the market was weak.
Does it mean I was wrong about my earlier statement that FKLI would test 1445?
- Yes, I was wrong, and the market is always right.
Does it mean I think FKLI is going down now?
- No need to think, it is going down. It could be a start of a down swing, or a down trend. Size your positions right and you will be rewarded!
Danke schoen my lovely markets! (FCPO inclusive, wink wink) LOL!
Why scheisse? Nothing actually, just trying to tease those girls.
OK, back to business. FKLI is now officially sub-1300.
Warning has been given last week, as I knew the market was weak.
Does it mean I was wrong about my earlier statement that FKLI would test 1445?
- Yes, I was wrong, and the market is always right.
Does it mean I think FKLI is going down now?
- No need to think, it is going down. It could be a start of a down swing, or a down trend. Size your positions right and you will be rewarded!
Danke schoen my lovely markets! (FCPO inclusive, wink wink) LOL!
Thursday, July 1, 2010
Monday, June 28, 2010
Sunday, June 27, 2010
Back from Holidays!
How come FKLI liked to take a dip whenever I was away recently? Perfect timing? LOL
Good that I didn’t miss any action during my absence, not that I was hard up for any action.
Tuesday, June 22, 2010
The excitement was over! for now...
Yesterday was proven to be a good harvest day (wink) for short term swing players who caught the beautiful upswing. Profits per contract of 40pts = Piece of Carrot Cake, LOL!!
Big thanks to the liquidity and good prices provided by the bears (act of short covering). ROFL!
And I wonder if anyone still remembers "Buy Low Sell High" and "Pivotal Level 1300"? LOL!!
Some may ask why not reverse the trade sequence to Sell High Buy Low?
Let me tell you my friends, for everything there is a season.
So, what next? Time for holidays! That's the little reward I give myself for the victory! LOL!!!
Big thanks to the liquidity and good prices provided by the bears (act of short covering). ROFL!
And I wonder if anyone still remembers "Buy Low Sell High" and "Pivotal Level 1300"? LOL!!
Some may ask why not reverse the trade sequence to Sell High Buy Low?
Let me tell you my friends, for everything there is a season.
So, what next? Time for holidays! That's the little reward I give myself for the victory! LOL!!!
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