Unbelievable !!!!

1 word but 4 "sounds". F K L I !
This is really a tough market. Too high to long and a totally brutal markets for the shorties. I have found joy in being out of this market and focussing on CPO instead. There is virtually no chance for short sellers to make money in this beautiful trending market.
*Note: This post is meant to be my own personal point of view only.
I know that many many many many traders ...... some are top professional traders ARE shorting the market.My point is this. When it comes to this type of condition, it is ok to short FKLI under the conditions that we must have a cut loss point ( eventhough if eventually we are right on our short trade ). Cut loss,means cut loss.......without regrets. Second condition is that we must never go all out in our short trades because the trend is up. Since that we are going against the trend, we should know that our chance of making big money is slim.But some traders have the ability to trade countertrends so, my point of view is that we have to play small during countertrend trades ..and play big during trend trades.Let's look at it this way. My trend trades yield an accuracy of about 40-60% while my countertrend trades yield an accuracy of only 20%. Why wanna make life so difficult??

I believe that there are many ways to trade in the futures market. Some love to average losses. Some love to average winners. Stock traders love to average losses and this should not be done in FKLI. In forex or cpo ,it is still ok because cpo got a lot of countertrend moves and also intraday volatility. FKLI ? One way street only.In my case,I love to average winners.Both these strategies are driven by hope and greed. People average losses because of HOPE while people average winners because of greed. Both will bring us to a point of no return,one day. But averaging winners is definitely better than averaging losses coz the worst case scenario is to break even.
Another thing, some traders cant cut loss. Some traders cant take profits.

Enough of talking cock here.
The strategies! LONG FKLI on pullback. Long CPO on break up ! U guys determine the support and resistance.the entry and exit price is not the issue. The issue is to follow your own judgment/system.

My friends out there.. It is okay to lose money. It is also okay to make money. 1 defeat will never change the whole outcome. Same goes with 1 victory. We are in these hundreds and thousands of battles in 1 WAR. I wish you all the best in your next trades.

p/s : I am thinking to give free trial signals to the public to attract new investors for me to trade for them. This is only a rough plan which I may not even plan. It will be either providing signals before market opens..or I reveal my trading statement. Both are not good ideas.