Real happiness lies in gratitude.


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Thursday 31 December 2009

A New Year and A New Hope

December 2009 proved to be one of hardest trading month within year 2009. Many have switch over to trade other markets, including me.  (Pic orig: Slope of Hope)
For 2010, I will trade CL , will have a look at ZS and glance over TF. I've SIM CL and the result is better than TF ( at least for now).

CL is also better than QM. CL has smoother movement - smooth operator - lubrication oil.....HAHA !

Tuesday 15 December 2009

I believe in numbers

OK I have changed my mind... CL is a bigger beast than TF eventhough the margin req is smaller...
I'm  new to CL so I need statistic of my CL trading.
I will get this from SIM without losing my arms......
 I will SIM CL 20 times,only then  I will know the stats..and once I know my CL stats (like I know TF only move 7 times permonth), I will take a real CL trading...
 I already knew that Wednesday morning is a danger-zone for CL trading as this is the time a major weekly report released.

Monday 14 December 2009

Another Orang Minyak

Before this I focus solely to TF chart.

My experience grew but TF move is stagnated.
With TF I know exactly when NOT to trade, so mostly I'm at sideline. When I'm bored I just jump in to the 'red sea'..

So I need something more active to trade, I need to find my match at my current level. "the chemistry" they said...

I heard many bad news from CL, the scary stories...
So I ask my broker the margin requirement of CL....

The asnwer came back : Its lower than TF !
Oh my !

 Now I will add CL to my screen.
Yes TF too, at the left side, farrrr.... from my red-button.
Will SIM CL at the moment.. 2 days SIM and then real trades.
(Only real trades teach me something, the SIM just to optimize my indicators of choice for CL)

Thursday 3 December 2009

Spreader, Scalper, Arbitrage

http://fat88trader.blogspot.com/2009/12/us4500000-profit-in-one-minute.html

The concept of spread between cash and future expiration is interesting, and I will reserve it for future study.

Now back to position trading.