Gap Out! Shorted To Close Position
I shorted to closed my position at 2997 with a loss of 68 points (RM1700); 2 points for commission. CPO Oct 2012 future contract opened with a gap down; far down so I have no choice but to close my position.
The Loss: RM1700 (68points x RM25 x 1 contract = RM1700)
My balance is now RM17500.
(The details of my account is at My Future Trading Account Records 2012 )
Date of entry : 20 July 2012
Long CPO - Not yet a strong buy actually
I longed CPO Oct 2012 future contract at 3063 for one contract. It is not a confirmation buy actually but I went because the market has been down eyeing to catch the small rebound.
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