FKLI Performance Summary: Nov13 contract

ST01 generated a few more trading signals but only seven are triggered. Not a good month for the broker then.

Position Update 20131129

If your trading strategy is getting you nowhere in trading, it is time to just let go and explore some new options.

FKLI
L1797.5 (25/11), C1807.5 (29/11) 

FCPO
L2638 (27/11), Open position

Position Update 20131128

If you deliberately set out to be less than you are capable, you'll be unhappy for the rest of your life.

FKLI
L1797.5 (25/11), Open position

FCPO
L2638 (27/11), Open position

Position Update 20131127

Very few people can blindly follow a system, though many find it easier to be discretionary in a systematic way.

FKLI
L1797.5 (25/11), Open position

FCPO
S2615 (26/11), C2638 (27/11)
L2638 (27/11), Open position

Position Update 20131126

It is extremely difficult to consistently do something simple, especially in trading.

FKLI
L1797.5 (25/11), Open position

FCPO
S2649 (25/11), C2635 (26/11)
S2615 (26/11), Open position

Position Update 20131125

If you cherry-pick the signal from your trading strategies, you will invariably pick too many bad cherries.

FKLI
L1797.5 (25/11), Open position

FCPO
S2649 (25/11), Open position

Position Update 20131122

What viewers may not realize is that some pundits are bullish 100 percent of the time and other are bearish 100 per cent of the time, and still others just swing for the fences all of the time and make outrageous predictions.

FKLI
Nil

FCPO
L2574 (20/11), C2650 (22/11)

Position Update 20131121

Nothing is ever as clear as black and white, and I have been doing this long enough to appreciate that anything, no matter how unlikely, can and will happen.

FKLI
Nil

FCPO
L2574 (20/11), Open position

Position Update 20131120

Everyone wants concrete, clear rules, or indicators; chat rooms, newsletters, facebook pages, hotlines, tutors will tell them when exactly to get in and out to minimize risk and maximize profits. The truth is none works in the long run...

FKLI
L1808.0 (19/11), C1808.0 (20/11)

FCPO
S2570 (19/11), C2556 (20/11)
L2574 (20/11), Open position

Crude Oil Performance Summary: Dec 2013 Contract (CL-Z13)

 

Market trends lower until 94.00. ST01 suffered some losses since early November. See how market develops...

Position Update 20131119

Anyone can look at any chart and see clear entry and exit points. However, it is much more difficult to do it in real time.

FKLI
S1794.5 (18/11), C1795.0 (19/11)
L1808.0 (19/11), Open position

FCPO
S2570 (19/11), Open position

Position Update 20131118

By monitoring price action, we may be able to sense the early regime change without the help of any technical indicators.

FKLI
L1786.0 (14/11), C1794.5 (18/11)
S1794.5 (18/11), Open position

FCPO
Nil

FCPO Performance Summary: 16 Oct - 15 Nov

FCPO broke out from 1 year of trading range. Many trend traders breathe a sigh of relief because market looks like will continue trending and this will definitely increase their trading profits this year. I am glad that ST01 continues to perform in this trending environment.

Position Update 20131115

We will never know when a new trend starts or finishes until it was over.

FKLI
L1786.0 (14/11), Open position

FCPO
S2566 (13/11), C2604 (15/11)
L2604 (15/11)), C2614 (15/11)

Position Update 20131114

Markets have to move up to move down. Conversely, markets have to move down to move up.

FKLI
S1792.5 (12/11), C1780.5 (14/11)
L1786.0 (14/11), Open position

FCPO
S2566 (13/11), Open position

Position Update 20131113

Do not try to catch all the actions in the market, even professional traders miss more than half of the great moves in the market.

FKLI
S1792.5 (12/11), Open position

FCPO
L2545 (12/11), C2585 (13/11)
S2566 (13/11), Open position

Position Update 20131112

For many professional traders, long term success is rooted in simplicity in their methods.

FKLI
S1792.5 (12/11), Open position

FCPO
L2533 (11/11), C2509 (12/11)
L2545 (12/11), Open position

Position Update 20131111

A good trader not only knows when to enter and exit the market, they also know when to stay out.

FKLI
L1806.5 (11/11), C1799.0 (11/11)

FCPO
S2529 (07/11), C2515 (11/11)
L2533 (11/11), Open position

Position Update 20131108

Being a fighter is good, but being a fighter of dishonorable causes is downright disgraceful.

FKLI
Nil

FCPO
S2529 (07/11), Open position

Position Update 20131107

Trading becomes the journey into self mastery.

FKLI
S1814.0 (04/11), C1801.0 (07/11)

FCPO
S2565 (06/11), C2549 (07/11)
S2529 (07/11), Open position

Position Update 20131106

The trader is no longer trading to win or lose; which he cannot control with certainty. The trader is now managing the mind that produces the performance of his execution of the trade; which can be managed with a high degree of certainty.

FKLI
S1814.0 (04/11), Open position

FCPO
S2565 (06/11), Open position

Position Update 20131104

Traders are literally trading their beliefs about their capacity to manage risk and uncertainties.

FKLI
S1814.0 (04/11), Open position

FCPO
L2550 (30/10), C2589 (04/11)

Position Update 20131101

Many profitable traders learn to work with their emotion instead of suppressing them.

FKLI
Nil

FCPO
L2550 (30/10), Open position