Equity Index Futures Trading
Tuesday, May 24, 2005
Just learn that it is more appropriate to use the term equity index futures rather than stock index futures. I noticed this change on the CME website not too long ago. So I am phasing out the use of "stock index futures" too. And on this blog, we discuss the 2 main equity index products traded on the Singapore Exchange: Nikkei 225 Futures and SiMSCI Singapore Index Futures.
If you've been following this blog, you'll notice that I have not been posting any trade on either of the above indices futures. Both markets have been moving sideway for many months now. And since I attempted to post comments on longer time frame trades - my trades had performed miserably. The lesson I learnt was that my judgement on the placement of stop was POOR! So better for me to shut up and observed the market - let the market tells me what it's doing instead of me guessing. Looking back, I think I did the right thing to stay out of the market and focus on my other business - search marketing.
If you've been following this blog, you'll notice that I have not been posting any trade on either of the above indices futures. Both markets have been moving sideway for many months now. And since I attempted to post comments on longer time frame trades - my trades had performed miserably. The lesson I learnt was that my judgement on the placement of stop was POOR! So better for me to shut up and observed the market - let the market tells me what it's doing instead of me guessing. Looking back, I think I did the right thing to stay out of the market and focus on my other business - search marketing.
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