Thursday, February 10, 2011

I Am Out - CPO Stop Loss Was Hit


Date of entry: 8 Feb 2011
Long CPO - Price Went Higher Than The Opening Price
I longed CPO April 2011 future contract at 3861 for 1 contract. The price broke the opening price indicating the bullishness of the market.

Date of exit: 10 Feb 2011
I Am Out - CPO Stop Loss Was Hit
My stop loss was hit at 3892 with a gain of 29 pints only after deducting 2 points for commissions.

The Profit: RM725 (29points x RM25 x 1contract = RM725)


The balance of my account is RM20,175 after the profit of RM725.
(The details of my account is at My Future Trading Account Records 2011 )

6 comments:

  1. I also think the market still bullish.by looking at the buying momentum at the end of market session today,maybe tomorrow price gap up will occur.I hope so...=)

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  2. Hi,
    CPO appeared not strong enough.

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  3. Hi,Are you still in long?

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  4. May I know your target point?

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  5. Hi, I am not sure yet. Based on the opening price at the highest so far, it is not looking good.

    ReplyDelete