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?
Too risky as you are against big boys like banks, funds management company and professional traders!
ReplyDeletei just go with the trends, take profit asap ... it is easier. never fight the trend.
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