I never attended one and never used one.  If they are so good, they would keep the secret weapon themselves instead of selling them.
Whatever indicators are based on price actions and trends.
I think to use the 5K as capital to try out the mkt oneself is a better deal, but at least one needs to know some basic Technical Analysis and trading knowledge lah. 

Aurora97 is very right, although I disagree about the "sleeping without worries" part.

Feb 26, 2007.....the Shanghai Composite Index plunged 10% in a day, and the next day our own KLCI plunged more than 100 pts at the opening bell. You may be able to cushion the blow with that massive RM17,500 per contract, but you'll sure as hell won't be able to sleep soundly during such turbulent times, because you're staring at thousands in paper losses per contract. Buy more contracts and you'll either save yourself or dig a deeper hole. The only measure that can save you (not without some "injuries", of course) are stop-loss points.

How do I know this? Because I was there, holding not one but 5 contracts at the time. And WITHOUT the aforementioned stop-loss points. Painful doesn't even begin to describe it. 

For all the beginners who wish to venture into FKLI trading, I have one advice to all of you. You have to make sure you damn well know what you're doing. This instrument, together with other derivatives such as warrants and options, not to mention Forex (even more so), are about as close to gambling as you can get. Leverage is a double-edged sword, sure you can earn a lot quickly if things go your way, but if they don't, tough luck. With these FKLI contracts, you are always fighting against time, and that time is 30 days or less if you buy the spot month contract. And as aurora97 put it, your biggest weapon is CAPITALISATION, and you'll need tonnes of it.

And a last tip: Never meet a margin call. You may have heard that saying before, but I have experienced the truth of it. Trust me, you don't want to go through that. The sayings are there for a reason. 

Cherroy, so does it mean if i already sold 1 contract and I don't manage to buy it at a lower price on the last trading day, this contract can be rolled over to May and I won't gain any loss?

Also, I still don't understand what is MO.

hm....still have 2 more weeks to go..

hopefully could cover up the loss

2 lots for fkli not enough at least 5 - 10 lots but i don't like bcos at last broker who will be the winner . risk & rewards ratio no good. collecting small money is hard work.

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Added on September 24, 2009, 8:01 pm
Do u know why malaysia small market bec`ome smaller no energy. this is bcos bursa set the limit for stock like RM1.00 stock can move 1 sen RM10 can move 5 sen . this way is to turn m market to become little .where got overseas pro come to play . no big player no game lor .
I don't know what the bn goverment thinking want the stock market to turn smaller . i think is bcos they have no experience to manage the market
u see now bursa have too sell its own share 25% to CME hope they can help to attract big boy from overseas to come in the malaysia derivatives market .
i feel sad as a malaysian

Sorry aurora, mind to explain what does the highlighted part mean?