Monday, March 1, 2010

Closed Short Position For CPO May 2010

Date of entry: 24 Feb 2010
I shorted CPO May 2010 Future Contract at 2612 with 2 contracts. The price broke below recent low (2619 based on 1 hour chart).

Date of exit: 1 March 2010
The price opened with a gap, I closed my short position at 2622 with a loss of 10 points plus 2 points commission.

The balance of my account is RM 28,125 after the loss of RM 600 (Loss:12points x 2 contracts x RM25 = RM 600).
(The details of my account is at My Future Trading Account Records 2010 )


  1. Hi,

    I am old and can't react so fast like you. Therefore, I trade for longer term. But I would say you change position pretty fast. Anyway, you keep your trading method. As long can make money, it is all right.


  2. Bro, a good one this time ! keep it up.