Wednesday, April 21, 2010

Close Final Long Position: CPO July 2010 Future

Date of entry: 20 April 2010
I longed CPO July 2010 future contract (2 contracts) at 2487. It is a breakup. The only concern is the price is still way below my moving average.

Date of exit 1: Same Day
I closed 1 contract at the close with the price of 2498 which a gain of 10 points after deducting 1 point for commission.

I remain the other contract for tommorrow.

Date of exit 2: 21 April 2010
I closed the final contract at 2492 with a gain of 3 points.

The balance of my account is RM 23,975 after the profit of RM 325 (13 x RM25 = RM 325).
(The details of my account is at My Future Trading Account Records 2010 )

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