4.30 pm - FKLI hit high 924.5 - Raise trailing stop.

Rgds,

-Martin Wong-

Weekly KLCI median range - 14.5 pts

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-

FKLI hit High 922 - Trail stops higher

For each time, FKLI hit high, I trail the stop higher.

Fire ! Trade #8 long FKLI position @ 918.5

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-

Trail my stop higher for Trade #7 this morning.

Rgds,

-Martin Wong-

Narrowing of FKLI Bollinger Band - Wed afternoon - Breakout ???

I got a funny feeling, there is going to be big bang (breakout) from 3 pm
onwards. I am not sure which way - up or down.

Just got a posting from a local remisier in CIMB who were impressed with the
ATR stop - keep't trade #7 in trend.

God of Trading kind to me - 4W/3L

Discipline to follow my system consistently wud produce predictable results.

Trading is very simple and at times boring.

Rgds,

-Martin Wong-

Trade Position #7 -FKLI Long @ 904.5 and staying with the trend

Trade no. #7 register a long buy signals on Monday 11 July 2005.

Order executed @904.5 as Monday market open at 903. My stop is well below the market random volalitity

Stay with the trend.

As usual, I cannot predict what the market wud do.

Rgds,

-Martin Wong-

1st Posting

The reason for this posting is to reflect my daily thoughts of how I trade and live a professional trader.