Thursday, November 12, 2009

Shorted CPO Jan 2010 Future Contract

Date: 11 Nov 2009
I got in short position Jan 2010 Future Contract at 2229 in the morning when the price broke below 2235 (refer to chart)
The details:
Date of entry: 11 Nov 2009
Trade Code: 20091111a
Action: Short CPO Future Contract Jan 2010
Volume: 1 Contract

Date: 12 Nov 2009 (Closed Short Position)
I closed the short position at 2258 as very thing seems bullish 1) Stochastic turning up, 2) The price reach above moving average
I loss RM 1025 (2258-2219+2=41 points x RM25 = RM 1025).
My balance further reduced to RM 33,050 after the loss of RM 1025.

(The details of my account is at )

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