Tuesday, November 17, 2009

Close Long CPO Feb 2010 Position


Long CPO Feb 2010 future contract at the open with the price of 2310. Today is the first day of the active month for Feb 2010. It is a break up of the recent high.
The details:
Date of entry: 16 Nov 2009
Trade Code: 20091116a
Action: Long CPO Feb 2010 Future Contract
Long Price: 2310

The price hit my stop loss at 2331 with a little profit of 19 points after commission. I am ok with it as long as I am out with profit.
The details:
Date of Exit: 17 Nov 2009
Action: Short to close CPO Feb 2009 Future Contract
Shorted Price: 2331
Profit: RM 475
The balance of my balance now is RM 32,925 after the profit of RM 475.
(The details of my account is at http://www.bullsa.com/2009/06/my-future-trading-account-records.html )

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