These are news from mainland China. One of the hottest equity market under the sun. The recent breaking down of Shanghai stock index, below 4000 level gives china traders/investors/punters whatever you wanna call a wake up call. Here is the result when you are trading a big R that beyond your capability. A 70-year-old man […]
news
Yet, another rogue trader..another good old story
I might be a little bit too slow on this, I just received an email from MF Global talking about the loss caused by one of their trader in U.S. Here is the news from my ‘googling’. MF Global Hires Risk Consultant after Rogue Trader Loses $145.5 million Brokerage MF Global has hired external risk […]
No trade & Another rogue trader
Man, I just realize that it is Friday today! I was extremely busy with my work this week (and, ok, I am following Australian Open as well ๐ ). All I have is just a couple of hours after London session open. So, no trade at all. I hope to get back to swing next […]
Who needs work? (What a disgrace)
Nobody loves to pay tax. But, we all understand that it is our duty for the sake of society and country development and welfare. I am paying, to my own opinion, a ridiculous amount of tax every month (man, I am really pissed when looking at the tax deducted from my pay check every month! […]
Rudd understands economy
My Rudd is going to stay hands off on interest rates to promote competition in the market. He is making a wise and intelligent move. Well, I am not saying the decision is right or wrong, but it shows his understanding of market. Period. Now, I am very interested in his promise on resolving housing […]
No trade, news digest
My day job is keeping me busy this week. I reached home after 8pm Melbourne Australia time. That’s around 2 hour after European market open. I don’t rush to trade in this kinda condition. I will continue studying the market during my free time, however, I don’t think I have a chance to day trade […]