Wednesday, August 15, 2012

Manipulative KLCI (Aug 15)

How they manipulate the KLCI index (Aug 15, 2012)
The above snapshot should very well explain why I personally despise our local stock counters. I'm actually quite furious about this kind of FUNKY CLOSING(s) for KLCI.

TOTAL MANIPULATION !!

I haven't even show the charts on CYBERT, GPRO, E&O....etc. Their market capital can go doubled, then halves, all within a matter of a few weeks, if not days.

One friend commented on my previous post, saying that he dislikes Futures, & is now enjoying charting on good fundamental stocks in KLCI. 
Well, only by manipulating certain GOOD FUNDAMENTAL STOCKS, will our beloved index rocket up within the last miute of trading like that.

From what I observed & experienced, the ONE & ONLY ONE WAY to investing in our local stock market is to follow....

The WARREN BUFFET Way of Investing: 
Buy a good company with potential GROWTH PROSPECT, spare 10% of your monthly income to invest in it for the next 10-20 years
Investment objective: Beat inflation, Dividend income, Retirement fund

Other than that, there's hardly any chance for retailers like us, without any UNFAIR ADVANTAGE of getting FASTER & MORE 'ACCURATE' INFO, to make money from KLCI stocks.

For those faithful local stock investors out there, follow the Buffet style.
Otherwise, sorry for being blunt, but I really wish you all EXTRAORDINARY LUCK to profit from this manipulative market. 

Just a post to refute those noises that bothers me recently. 

Again, I'm not advocating everybody to jump into futures market, but we have to ACQUIRE MORE & MORE KNOWLEDGE...

Just so we can BE AWARE of / IDENTIFY 'funky happenings' in the market, & be able to give ourselves MORE OPTIONS to make a more INFORMED DECISIONS.

The same applies to all other decisions we made in life. This is an information age, know more, because:

KNOWLEDGE is MONEY!! ------ Robert Kiyosaki, Unfair Advantage

Only then, we can...

Hunt Happily!!
Enjoy!! :)

 

Wednesday, August 8, 2012

July'12 - Trading Income > Working Income

Hi All.

Haven't been posting for a while.....
Had been busy keeping up progress on my 2H'12 trading plan & also drafting out my future plan after I QUIT MY JOB.....

Yes....You read that correctly!!

I've officially thrown the letter on August 1, 2012 (I gotta remember this date!!), & is now anxious- plus cautiously counting down the last 2-months of my life working as an EMPLOYEE.....

This is going to be the most important MILESTONE in my life.....
Hereon, I'll bid farewell to working for a living.....& march towards a lifestyle that I've longed for, one as described in my favorite book on trading, 
TRADING - THE LAST FRONTIER
"You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anybody"
                         ----- by Dr. Alexander Elder in his book, Trading For A Living
I do feel nervous, have some doubts & "??" in my head, weighing my decision & wonder if this is the right timing to make such a move....

Nonetheless, a friend's mantra which goes like this: 
" Don't keep thinking, START DOING !! "
.....also, I manage to pick up a quote from his blog:


Good friends keeps me motivated along the way when I sometimes get drifted away by emotional tides....Can't name you all one by one, but my gratitude to all your support!!

I sometimes wonder if I can make it.....But, keep wondering will only keep me wandering & marking time......Seriously,

You'll never know the result if you never T-R-Y/take action

If you take that action, at least there's a 50-50 chance of succeeding.

Of course, in our life, there will always be a bunch of people who stand with folded arms waiting for that fall-out (like in Taylor Swift's new single "EYES OPEN".... :p .... Anyway, I will not be focusing on them...

Leaving that behind, for the moment.....

I'd like to share some of my trades in July.

FIRST trade for the month, shared in my previous post, was a huge success as I managed to earn a profit as much as my current monthly salary, from a single CPO futures contract. And I was just a newbie doing my few trades with CPO at the time, testing out my charting techniques from FKLI in CPO.

After the awesome first trade, I carry on with my 2nd CPO trade, holding >3k profit on-hand, here's what happened:

FCPO - Profit-turn-Losses trade (July 18, 2012)

Haihhh......I guesses the chart said it all.....I see nicely another month of salary made within 2 days vaporized....taking away a small losses with it....HEART ACHE !! @_@;

After resting for a few days, calming down my mind, went into another profitable 3rd trade, which was quite a PRETTY + PERFECT trade for me....safe entry coupled with an almost-perfect exit....

FCPO - LONG on oversold after weak SGS data (July 25, 2012)

Together with a few more small gains in FKLI, July was indeed a very REWARDING month for me....both financially & spiritually....As this is the first of the six months of my 2H'12 trading plan....It's a joy & added boost to my confidence to really start my trading career coming Oct'12.

So, July kicks off my 2H'12 trading plan with a high note!......Excellente!! ...... ~* ^_^ *~

Will keep a neutral mind as I work through my trades for August.... Have been relaxing since both FKLI & FCPO was moving sideway throughout the first week of August. CPO has broken out of the sideway channel as of writing & I can go back in to trade again!   \(^o^)/ \(^o^)/ \(^o^)/


Hereon, I'll be quite tied up with my trading progress to pave the way for my "retirement" from employment....
Thanks for the support from my readers & I'll continue to share whenever I can.....
End Sept'12, I'll be free from the cage of employment & I could soar into the endless sky!


Looking forward to my next post on my coming SUCCESSESsss!!
Happy Hunting!! :)

Wednesday, August 1, 2012

What will u do if you're The Fed?

Found this on MarketWatch....Just a quick share before we hear from Bernanke later tonight.

http://www.marketwatch.com/story/what-should-fed-do-see-charts-and-vote-2012-07-31#

It gives a quick view on the current economic state of US....
Take a look & cast ur vote! Then we shall gauge better if there will be any QE in the pipeline....

Enjoy! :)

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