Chapter 6
The Wisdom of
Experience
Franki Law
Meet Franki Law, the man who turned$200,000 Hong Kong
dollars (HKD) into HKD$6 million. Having been in the business
for over 20 years, Franki is a big believer that success comes with
experience, and time. A technician at heart, he ranks price move-
ments on an A-B-C scale, not in terms of complex indicators like
Elliott wave patterns, but in terms of potential profit opportunities.
He identifies a trading zone, commits to it and scales down as long
as the zone holds. His relaxed, simple and philosophical approach
to trading has served him well and we were delighted to sit down
with him for an interview in his office in Hong Kong.
Q: How did you get into the business of trading?
A: I started in 1986 and have been in this business for over 20
years. When I first started, Hong Kong just released the Hang Sang