Tuesday, December 1, 2009

Short CPO Feb 2010 Future Contract at 2450


I shorted CPO Feb 2010 Future Contract at 2450 when the price broke recent low of 2452 in the morning. But I was stopped out at 2465 lossing 16 points.
The details:
Date: 1 Dec 2009
Trade Code: 20091201A
Action: Short CPO Feb 2010 Future Contract
Loss: RM 400 (2465-2450+1=16 points) (16 points x RM25 = RM 400).
My account balance now is RM 30,025.

(The details of my account is at http://www.bullsa.com/2009/06/my-future-trading-account-records.html )

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