Friday, March 9, 2012

Short To Take Profit

Date of entry: 7 March 2012
Long CPO May 2012 Future Contract
I longed FCPO May 2012 Future Contract near the end of session. I placed the order earlier.
One thing I am not really comfortable with is my positions are conflict each other; one long the other short.

Date of exit: 9 March 2012
Short To Take Profit
I shorted to take profit at 3357 with a gain of 87 points with 2 points for commissions. My 100 points target including commission; 3270 was never reached.

The Profit: RM2175 (87points x RM25 x 1contract = RM2175)


  1. Congratulation! It was really a good trade.
    Wish you will have most trade like this.

    By the way, are your exited the trade due to target profit matching or you thing market already up a lot for the pass few days and worry it will pull back in next few days?

  2. Thank you so much EMT.

    Honestly, my method is not a sell yet. And you are right, I felt that it has been up for few days and I did not want to give the profit back. More over, my target profit 100 points; 3370 never reached; almost reached anyway.



  3. hi abel,
    which broker do you use to trade your?do you need to go through them to place an order?

  4. Hi kanno8,

    I still prefer to call them to place the order even though I have the online platform.

    Thanks & Regards,


  5. Hi there,

    I notice that you're still looking for the right system to trade. I have a team where we manage/trade others FCPO accounts. Bear in mind that we dont take cash like those 'skim cpt kaya' one. We only manage the accounts with profit sharing to our benefit. As you already know, only the owner of the account have the power to withdraw the money so if we manage the account until it has some profit,when it comes to profit sharing, the owner wants to betray us by not wanting to give our portion of profit sharing, then that is our risk. Our performance is between 10% to 30% per month. If you're interested, you can drop an email to . Thank you.