any expert in this area?? I buy back 3 contract today @ 1383 ..


wonder how come the klci (1387 up 7.x) move a lot but the fkli still remain 1382 (only 2 point..) @ 11:19am .... I thought usually quite similar with the klci when month end ...

Mainly because recently the market volatility is high and also the index is facing huge resistance at 1390 level, has tried several time but not succeed, so discount a bit if anything goes wrong in overseas market. But a few point only, not significant, nothing to shout about. If market can stablise or creep a bit higher then the FKLI will close the gap eventually, still got 3 days to go for the JUL contract, anything can happen in this 3 days especially nowadays, market volatility is so high.

Current in KLSE, the shinning stars are those second and third liners and 'goreng' stock. Big cap like TNB, TM, Genting hardly move much nowadays.

my goodness.. just need to wait after lunch then I can make @1369 ..... 14*3*50 = rm 2100 ...

sell too early ...



This post has been edited by darenohh: Jul 26 2007, 05:32 PM

if tonight dow jones down again, tmr sure koyak...
the short term chart turning down liau... better stay out for the moment, very volatile during month end
consider to short a bit

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Added on July 27, 2007, 10:16 amanyone else here trading futures?

This post has been edited by laguna1811: Jul 27 2007, 10:16 AM

too late .. too late .......... I already long buy for august 2 @ 1362 and 1@ 1359 before the market close ...


now gone 4k ...

haha... regret didn short yesterday... got client come open account... no time to watch market... !@$#% kanasai...

erm... aug if dun rebound more then very jia lat lor... possible resistance area around 1350 level bah... boh pian cut losses short safer haha...

btw... y still buy yesterday... the chart turning down wor...

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Added on July 27, 2007, 11:57 amif break low... better sell... =,=
can earn back losses later 1... just dun lose all capital then can liau

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Added on July 27, 2007, 4:56 pmif today july can break 1345 then maybe hav chance to bound back to 1360 level...
good luck wer

This post has been edited by laguna1811: Jul 27 2007, 04:56 PM

i think monday also gone ...... dj and europe all in red !!!

need to cut to min loses ...

any suggestions on where to read up for investing in the futures market...online or books?

Ah.. futures - where all the gamblers gather.

in a way, but only if you liken the stock market as a gambling den! well, it's just another form of investment with leveraged returns, thus only for the risk takers (and deep pockets!)

Well, there is more of an investment factor when we buy stocksvas it involves R&D on the stocks.

However, the futures market is very close to gambling for small players like me.

I don't denied it somehow like gambling also but it depends how you treat it. Also, trading with FKLI, you need to make some study, not blindly sell or buy into it, otherwise, surely lose one. You need to monitor the index linked counters performance, not simply look at the index alone. See the counters like TNB, Maybank, MISC (index linked) etc are expensive or not. If too expensive, you can short the market since there is not much room for the upside, high probablity will have some correction. If the particular stocks are cheap and lot of fund are buying it, then you go long for the market. It is not simply trading with one day, hope when you bought then tomorrow goes up. You look for the bigger pictures and others factor like overseas market, interest rate issues etc. Also TA can be applied when trading with FKLI, at least you have some idea before trading, not simply buying or selling blindly.

Also when you bullish about the market and overall market is cheap (aka most stocks are cheap) and don't have any idea which stock to choose then you can opt to buy the futures, even when expired, roll it to next month (even roll for several yeras) then you basically are buying the index instead of buying stock, you still achieve the effect of buying stocks, gain from the market bullishness.

You can also use it tp hedge against the market, like you have plenty of index-linked counters, instead selling the shares, you opt to sell in the futures to protect your portfolio, this is more applicable to fund managers and big retailers who has plenty of shares across the index-linked counters.

Basically when you buy or sell in FKLI, you are basically buying/selling 100 stocks of the index linked stocks based on the weight ratio respectively.

It depends how you treat it. Even for stock, a lot of people treat like gambling instead of investment, just people not realised or admit it. Typically a lot of retailers heard some rumour of ABC 'goreng' stock will go up next week, without any research about the company just look at the price quote of the computer and daily price movement, they also bought the shares already, hope it will go up tomorrow or next then can make quick gain/contra gain from it. This also quite similar to gambling already, may be speculation is more suitable word.

This post has been edited by cherroy: Jul 29 2007, 03:48 PM

with our see-saw markets nowadays you probably need a whole lot of luck too

u r gambling if u dun have any plan and just get into the game...

trading is not that easy man... go do some research b4 posting anything lar bro...

true .. besides .. also need the dare to take risk... as the study just a help be not always true ...

investing or trading all are taking risk
you need to plan ur strategy
it's a probability game
the odds are higher than normal gambling

trading is 10% skill, 30% money management and 60% psychology

But study is a must, it increases the chance of winning though not 100% or 90%. At least you know what are you doing rather blindly jump into it.

Just like sport, you need plenty of training, although doesn't mean necessary winning but without training, your have no chance or less chance of winning even you are talented.

there's no 100% chances to make money
u just take risk on higher probability with proper lot size
it's actually not so complicated, just many ppl make it so complicated

So how lar today? Shortie?

dunno lar
not clear so stay out loh ah haha
too late to short la...
now waiting for chance to long