Daily commute to school or work is very common everywhere around the world. However, commuting can be a pain if commuters have to face daily gridlock. That is what people in Jakarta are facing every day. Jakarta, the capital city of Indonesia, is known as one of the traffic giant in the world along with Bangkok, Nairobi, Manila and Mumbai (Bell, 2010). For the past twenty years, Jakarta has been facing severe traffic problems and it only gets worse with […]
Indonesia, Malaysia, Philippines, Papua New Guinea, Timor Leste and Solomon Islands, which are located in South-east Asia, formed the coral-triangle. Those countries are home of nearly 600 different species of reef-building corals and also more than 2000 species of reef fish. They are considered as a place with the most diverse marine habitats globally (WWF, 2014). Indonesia, being an archipelagic country, consists of 17,508 islands scattered around the equator. It is a maritime continent with 2.7 million km2 of territorial […]
Climate change is an imminent danger that everyone is facing. One of the main causes is the green house gas (GHG) emission. According to PEACE (2007), in 2005, Indonesia is in the top 3 of world’s GHG emission excluding EU (by including EU, Indonesia is 4th). In 2008, Sri Mulyani, Indonesia’s financial minister, commissioned Green Paper written with the help of AusAID and Australian Treasury aiming to reduce emissions by 26% with business as usual up to 41% if there […]
It’s week 6! Just when I felt happy because my misery in trading is coming to an end, I got a very pleasant surprise. Yep, what else is better than seeing my portfolio gaining a 14.96% return! Highest return I’ve ever got so far! Figure 1 shows my current portfolio as of Oct 25th and figure 2 shows my final portfolio over the course of 6 weeks trading. Figure 1. Potfolio Summary Figure 2. Final Portfolio So, what exactly happened? […]
Finally, after 5 weeks long my portfolio shows an all green from all my open positions *cheers*! Doesn’t it look nice?? 🙂 Here’s what happened this week: 1. 7-month high living cattle Speculators went long on living cattle futures expecting that there will be a tighter supply of cattle in the upcoming months. Seems like I share similar thoughts with them. Based on the lesson that we got, should we start to consider going short on living cattle? It is […]
Happy thanksgiving! First of all, enjoy the long weekend everyone, even though it’s not a happily spent long holiday for everyone (students, for example, we got midterms coming!) but hey enjoy the turkey! It only happens once a year ;p Okay, now back to business, Market this week is pretty calm, no drastic changes whatsoever until today! Corn price went down, BIG TIME! (good for me because it brings me back to the green 🙂 ) Figure 1 shows my […]
Week 3! Half way to go! and yet not making any money 🙁 Things are looking better for me this week, even though I still lose my profit on wheat. Figure 1 shows my position as of today. Figure 1. Open Position Status And this is my portfolio overview (figure 2) so far also my portfolio summary (figure 3) Figure 2. Portfolio Overview Figure 3. Portfolio Summary Here goes my weekly recap! The market has been pretty quiet this week […]
Hi there! It’s week 2 of the futures trading game! Gain a bit, Lost a lot! Here’s a peek on what I have on my portfolio by today to give you a picture on how bad it is (figure 1): Figure 1. Open position This is my Portfolio Summary of the ending of week 2, as you can see, I’m bleeding! However, week 2 wasn’t that bad, I was given a taste of victory when my portfolio went back to green that […]
Hello folks! It’s Friday, it’s weekend, it’s time to blog! First week of trading game using stocktrack, a bit overwhelming since I have no idea what I have to do! Well, at least I know that I need to buy future commodities contracts at low price and sell at high price to reap profits, which I guess is the fundamentals in any business. Lucky me, I got a few friends who’re working for one of the major trading companies in […]
