Friday, February 12, 2010

My Longest Holding: Long CPO April 2010


Date of entry: 5 Feb 2010
The price broke up yesterday high of 2419 so I longed at 2422 almost at the close. I have nothing to think accept that I still follow my trading rules. A break up is a break up. It could be still wrong but I have to follow even emotionally I was upset.

Date of exit: 12 Feb 2010 (The 5th Day)
I closed my long position at the open with the price of 2455. The gain points of 31 points after commission is giving a profit of RM 1,550. This is the longest holding trades since I started this trading history.

The balance of my account is RM 29,675 after the profit of RM 1,550 (Profit:31points x 2 contracts x RM25 = RM 1,550).
(The details of my account is at My Future Trading Account Records 2010 )

4 comments:

  1. Hi there, nice write up. Keep it up.

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  2. Thank you so much Tommy. This mean a lot to me.

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  3. Just to share, my longest holding for FCPO (for the past 10 years), I think is about 9 months.

    And for the shortest is only one day.

    Hahaha...

    Fiona

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  4. Wow!! 9 months is extreme long for me. I trade CPO in short term basics. You must have a good way of doing that Fiona.

    ReplyDelete