GREED IS GOOD

Yeah, YouTube Mania has hit FusionTrader!!!

Cromwell:
Your company, ladies and gentlemen, is undersieged from Gordon Gekko! Teldar Paper is now leveraged to the hilt like some piss poor South American company. I strongly recommend you to see through Mr Gekko’s shameless intention here to strip this company and severely penalize the stockholders. I strongly recommend you to reject his tender by voting for management’s restructuring of the stock.

Gordon Gekko:
Well, I appreciate the opportunity you're giving me Mr. Cromwell as the single largest shareholder in Teldar Paper, to speak.
Well, ladies and gentlemen we're not here to indulge in fantasy but in political and economic reality.
America, America has become a second-rate power. Its trade deficit and its fiscal deficit are at nightmare proportions. Now, in the days of the free market when our country was a top industrial power, there was accountability to the stockholder.
The Carnegies, the Mellons, the men that built this great industrial empire, made sure of it because it was their money at stake. Today, management has no stake in the company!

All together, these men sitting up here own less than three percent of the company. And where does Mr. Cromwell put his million-dollar salary? Not in Teldar stock; he owns less than one percent. You own the company. That's right, you, the stockholder. And you are all being royally screwed over by these, these bureaucrats, with their luncheons, their hunting and fishing trips, their corporate jets and golden parachutes.

Cromwell:
This is an outrage! You're out of line Gekko!

Gordon Gekko:
Teldar Paper, Mr. Cromwell, Teldar Paper has 33 different vice presidents each earning over 200 thousand dollars a year.
Now, I have spent the last two months analyzing what all these guys do, and I still can't figure it out.
One thing I do know is that our paper company lost 110 million dollars last year, and I'll bet that half of that was spent in all the paperwork going back and forth between all these vice presidents.
The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated.

In the last seven deals that I've been involved with, there were 2.5 million stockholders who have made a pretax profit of 12 billion dollars.

Thank you.

I am not a destroyer of companies. I am a liberator of them!

The point is, ladies and gentleman, that greed, for lack of a better word, is good.
Greed is right, greed works.
Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.
Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind.
And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA.

Thank you very much

Trading Style and Timeframes

Trading is an activity of buying and selling an instrument for profits. The instrument could be a stock, commodity, futures, currencies, you name it. Today, allow me to share with you the classification of trading style via timeframes. Some of these classifications, again, is not mainstream. It’s a mere opinion of mine.

1) Scalping

This involves a large number of trades for miniscule profits. The idea of scalping is to take small profits, a lot of times. Example, say you identified a stock with high volume, you enter the trade with large order. You exit the next moment for a profit of one tick movement. Instant profits.

This is only possible when you are constantly monitoring the market, able to key in your orders, orders are executed immediately, commission rates are superbly low.

In matured markets like the US, many could make a living via scalping. A scalper could easily scalp USD200 per day. Not bad for one tick movement per trade, huh?

2) Day trading

As the name suggest, day trading merely means that a trade is open and closed in the same day. A daytrader could use scalping methods and enter many trades for small profits each trade, or the daytrader could open a position at the start of the market and let the profits run until end of the market day.

This also requires a fulltime job to monitor the market, commission is best to be low, ability to key in own orders and the immediate orders execution are definitely a plus point.

3) Contra trading

Sadly, we only have T+3. I remember those days, it was T+21 or something like that. Anyways, contra trading refers to the method of utilizing the T+3 timeframe before settlement is needed.

The requirement for a constant monitoring reduces slightly. However, the risk remains high. Danger of overtrading is very real here. Many who have other fulltime jobs with this method have not produced good results. Problem is often the T+3. Timing must be so impeccable – for otherwise, losses will amount.

4) Swing trading

We had T+3 contra. So this method goes for week(s). This method attempts to identify small trends and uses oscillators to assist in finding possible retracements.

Advantages of using this method includes easily maintained for working professionals. Risk is lower as actual cash is required for the T+3 settlement. Also, successful capturing of the market fluctuations would be very rewarding.

5) Trend following

As mentioned in my previous post, Why I say ROI 20% pa is no big deal, the method used is actually a trend following method. This is not unlike the Turtle System by Richard Dennis. Identify the start of a new trend. Liquidate near the end of the trend. Movements in between are merely noises, however, could be used to plan for additional entries.

The strength of this method is that it does not need a constant monitoring. This style is suited to a busy working professional. Risk is generally lower too, as one is in to ride the longer haul.

Of all the five methods listed above, there is none which is clearly superior than the other. It is merely a personal preference. Another is the time factor – the time to monitor the market. Which style is yours?

PS: Trading style mentioned above is not exhaustive. I may have missed a trading style or two.

Site News: FusionTrader's FIRST Feed Exchange

Well, FusionTrader has just made the FIRST Feed Exchange with Investlah Community
What is a Feed Exchange? I m not sure about the mumbo-jumbo terms, but look at the bottom of the right hand tab - there is one column named - Feed Exchange Investlah.com.
What happens is whenever there is a new post in Investlah Forum, it will be shown here as a link.
At the same time, Investlah has also revamp their main page - with subscriptions of feeds from Bernama. That means latest news from Bernama relating to Malaysia will be shown. Also, FusionTrader's post will also be shown there. :)
There, feed exchange. Technology is a marvel, huh?

Back

Dear all,

I sincerely apologize for the long period of inactiveness in this blog. As some of you have known, I went for a minor surgery about two weeks ago. Since then, I have been recuperating. Now I m back in shape :)

Also, in the meantime, this video would depict my latest resolution as well.
And oh, this is a Linkin Park song, so this means it may not be suitable for everyone.
Teenagers presence is strongly advised for acceptance :P

Yeap breaking my smoking habit.

Cheers! Look for more continuous updates here. We re back in business.

Blisswind

Ben of Wisdom Wise, has created a Google Group, which I am also a member.
All is invited to join this little community and make the best of out it.
Periodically, I would also upload some ebooks to share with everyone.
Hope everyone would do the same and hope to see you there
http://groups.google.com/group/blisswind

clipped from groups.google.com Blisswind