Since i am so bearish in KLSE, why dont i make some pocket money shorting FKLI? Today is the first time i trade FKLI. It is like a roller coaster ride. Morning up, then down then up the down. If a person can master this market, there r plenty of money to be made.
Every point is worth RM 50 for one contract. U will breakeven after one point. So if i short at 844 and close the position at 840, i gain 4 points. Minus one point for commission i earn 3 x RM 50=RM 150/day. Not bad right?
2 comments:
Too risky as you are against big boys like banks, funds management company and professional traders!
i just go with the trends, take profit asap ... it is easier. never fight the trend.
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