Rgds,
-Martin Wong-
This blog website represents my daily trading positions and thoughts on how I trade the futures and commodity and allows others to view and understand the Importance of Being a "Honest" Trader.
Be true to your work, your
word, and your friend.
Visit my KLSE Stock Market weblog http://www.klse2118.blogspot.com
Looking back to FKLI statistics table, the weekly median is 14.5 pts. The
week open (Mon) with 903 and it now 921 (3.20 pm). It is +3.5 pts - a figure
well above its median (right side of bell curve).
The monthly median range is 42.5 pts i.e. well above the current 18 pts
(921-903). Meaning, it has 24.5 more pts to go.
Interesting stats to know but do not let it carry away your greed.
Trail your stop.
Rgds,
-Martin Wong-
Call the broker at 8.46 am to park my buy stop @918.5. I believe if you can park with the broker earlier, you do not get slippage that often.
Again, I do not know where and how high the mkt is going to go.
Just stay with the trend.
Rgds,
-Martin Wong-