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Chop! 21-Jul-2006

by Gav Leave a Comment

Well, just as expected in the morning, we had a choppy , boring trading day in SG futures market. No trade was done.
Looking at volume of SIMSCI, I can fully understand why major oversea broking house like Interactive Broker does not bother to offer customers to trade. With just around 2000 contracts traded in a trading day. I guess, there is still long way to go to promote SIMSCI futures trading. I do not incline to relate this to market condition, it is just a matter of industry interest over this product.
Alrite, result reviewed. I got my first negative week. Making two losses in the the first two days of the week, and subsequently caught up by some personal works or did not see rewarding trading opportunity.

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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