Friday, January 21, 2011

Short To Exit CPO - No Good Reason Actually

Date of entry: 21 Jan 2011
Long CPO - Potential Continuation Of Trend
I longed CPO April 2011 future contract at 3742 for 1 contract. The price went higher than previous high. It could be the continuation of the up trend.

Date of exit: Same Day
Short To Exit CPO - No Good Reason Actually
I shorted to exit the trade for 21 points gain after 1 point for commission. There is no good reason to exit actually.

The Profit: RM525 (21points x RM25 x 1contract = RM525)

The balance of my account is RM18,825 after the profit of RM525.
(The details of my account is at My Future Trading Account Records 2011 )

1 comment:

  1. As long as u make profit,it's ok to exit.congrats.