Hi Chubbyken,
I think I have reply to your inquiry on this Post.

To epalbee3,
If you are quoted for RM36 round trip, it will mean that your cost per side is RM18. So if you trade 2 contracts it will be RM36 only not RM72. Money management is key for you to stay long enough to see the real picture in Futures market. You can visit Malaysia Futures to learn more. If you have any inquiry about your futures trading you can write to me at oomanhoong@gmail.com
Cheers.

This post has been edited by yhzell: Apr 29 2010, 01:03 PM

Hi Guys,

I aware that we can Short sell Futures market when the market is bearish without any uptick rules. There was a huge sell off for this month alone and it was known as the very beginning of down trend. Anyone been riding the recent sell off on our index Futures ?



*Now market is recovering, go Long again because it is likely to fill the 2nd gap ? So confusing !

I see, thank you for reply.

othello83,
PM me your email address, I can send it to you.

If you look deeper on weekly chart, it appear to be a head and shoulder formation end of this month ?

Neckline is yet break, each has it own taste when it come to risk & reward and also money management. Its easy to say Short now, upside limited, if market go against you 20 points, you already shiver. Think when you have about 20 lots Shorting in the market @ 1,289. Just my 2 cents.

Its just a hypothetical case. Talk is easy, doing is the other part of story. You can read and heard all you can, when it come to you who execute the trades live in the market, you will know what am I talking about.