Thursday, April 9, 2009

TURTLE VS TORTOISE

I guess who will win?

My latest research shows that only when emaxxx and smaxxx crosses each other, then recession is over.

As for today the market is still bearish.

Many so call investors are still in the "hospital".

May God blesses us all.

9 comments:

Unknown said...

Bro.... I dont know.... But, I had long FKLI since 875....In fact, I had taken some great profits along the way although I am still holding majority of 875 long. Besides, I purchased a lot of shares during that time as I thought the bottom is almost done. Anyway, not intend to clear my share holding yet as I thought the current up run not yet complete.

In terms of FKLI, to say whether it is bull or bear sometimes not important at all. reason is simple, we can long / short along the way. As for share, even the bull not yet confirm, to play around with a rebound sometimes is good enough. It is not necessary to make money in the bull run. In fact, it is more brilliant to make money in the bear run. So, again; bull or bear, we can still make money.

Just my opinion......

James

Unknown said...

Bro, if you are trend following, isn't it important just to follow the price instead of bear / bull. We react against the price. Who cares bull / bear? Agreed?

Mike Forex Cable said...

well said James, care to share your entry n exit for FKLI?

Unknown said...

lgcsdv:
Bro, i am no sifu, just a trader. Besides, it is not nice to talk my own things in other people's blog. Anyway, I don't have a blog myself. If you keen, please visit my sifu's blog at http://cpotrader.blogspot.com / http://myfkli.blogspot.com.

Bro indur..... I apologized for using your space to promote my sifu's blog. Hope you don't mind. My main intention is not to talk about my entry (although I already mentioned) and exit in your space.Mutual respect, okie?

Kevin Ng said...

Boss...i have been losing quite a lot of money in FKLI....i always short i think the points it at the peak says 870, 925... lost a lot of money (for an ikan bilis)....i have no idea how to trade anymore...i just wish i can recover...pls help...

INDUR HEDGE FUND said...

The problem with Turtletraders is that they never detailed their trading models.
They only talk about concept, which is correct, so I guess we have to develop our own trading models.
Soros never show us his method of entry and exit so does most traders.
It is like making the right setting for the Formula One car.
Whatever it is make it as simple as possible.

Constance said...

i thought turtle trader reveals their strategy when their traitor, Mr. Curtis Faith published the book, "Way of the turtle". The method of turtles was revealed in details and there are also experts being created for metastock with Curtis's explanation. Just google it and I think you guys will find.

INDUR HEDGE FUND said...

Yes, They talk about their strategy but did not detailed their entry and exit models.
The strategy was fantastic but can go wrong if did not undertstand it thoroughly.

Constance said...

I think they detailed their entry and exit and that is why we can have the said experts in Metastock.