Wednesday, January 5, 2011

Short To Exit On Opening Bell

Date of entry: 4 Jan 2011
Long CPO - Price Higher Than Yesterday High
I longed CPO March 2011 Future Contract at 3871 for 1 contract. Chart is not available at the moment.
(The data feed from Bursa Malaysia is experiencing some problem which caused the unavailability of the data and so the 2 hourly chart, what a mess!)

Date of exit: 5 Jan 2011
Short To Exit On Opening Bell
I exited the trade on the opening bell at the price of 3820 with a loss of 53 points added 2 points for commissions. Bean Oil was down a lot last night and CPO joint the bandwagon. What I don't like about this trade is; I did not have a proper 2 hourly chart to guide me. I should not have traded in the first place.

My Losses: RM1325 (53points x RM25 x 1contract = RM1,325)

The balance of my account is RM16,350 after the loss of RM1,325.
(The details of my account is at My Future Trading Account Records 2011 )

No comments:

Post a Comment