Position Update 20131213

Take signals as they are. Punch when you have to punch. Kick when you have to kick. Back off when you have to back off.

FKLI
S1837.5 (11/12), C1828.0 (13/12)
L1832.0 (13/12), Open position

FCPO
S2566 (13/12), C2561 (13/12)

Position Update 20131212

Our greatest glory is not in never falling but in rising every time we fall.

FKLI
S1837.5 (11/12), Open position

FCPO
L2647 (12/12), C2630 (12/12)

Position Update 20131211

Knowing yourself is the beginning of all wisdom.

FKLI
S1837.5 (11/12), Open position

FCPO
Nil

Position Update 20131210

领袖领导众人， 让别人甘心卖力； 老板只懂得支配众人，让别人感到渺小。

FKLI
S1833.0 (09/12), C1839.5 (10/12)

FCPO
Nil

Position Update 20131209

When the trading crowd becomes alert to a change in conditions, the noise of a trading range becomes the sound of a trend. 

FKLI
L1816.0 (04/12), C1833.0 (09/12)
S1833.0 (09/12), Open position

FCPO
L2680 (09/12), C2666 (09/12)

Position Update 20131206

He humbled us all into trying to be better human beings and, more especially, to embrace reconciliation at a time when all South Africans, black and white, were still bearing the scars of apartheid.

FKLI
L1816.0 (04/12), Open position

FCPO
S2630 (05/12),C2645 (06/12)

Position Update 20131205

If you don't know how to live, why wonder about death?

FKLI
L1816.0 (04/12), Open position

FCPO
L2640 (04/12), C2630 (05/12)
S2630 (05/12), Open position

Position Update 20131204

Popular opinion many times is not the right opinion when it comes to market direction.

FKLI
L1810.0 (02/12), C1812.5 (04/12)
L1816.0 (04/12), Open position

FCPO
S2640 (02/12), C2640 (04/12)
L2640 (04/12), Open position

Position Update 20131203

Traders are most bullish at market tops and most bearish at market bottoms.

FKLI
L1810.0 (02/12), Open position

FCPO
S2640 (02/12), Open position

Position Update 20131202

What doesn't kill you makes you stronger.

FKLI
L1810.0 (02/12), Open position

FCPO
L2638 (27/11), C2650 (02/12)
S2640 (02/12), Open position

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

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