Wednesday, June 20, 2012

80 Points Profit Target Reached

Date Of Exit: 20 June 2012
80 Points Profit Target Reached
The market was crazily bullish this morning. My 80 points profit target was hit without any resistance at 3030 (2 points for commissions). It looks like the price could go higher. I am happy for now.

The Profit: RM2000 (80points x RM25 x 1contract = RM2000)

Date Of Entry: 19 June 2012
OK Honey. I Longed CPO
I finally took the gut to initial my long position of CPO Sept 2012 Future Contract after a while ago. It was hard but at least I started. The price managed to break higher and I longed at 2948 for one contract.
Wish me luck!

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