Thursday, July 26, 2012

Long to close for 100 points gains - should have done it long ago

Date of exit : 26 July 2012
Subject : Long to close for 100 points gains - should have done it long ago

I finally longed to close my long waited short position at 2904 for 100 points profit target. I should have done it long time ago (many bars back) when the price hit 2904, but I was agreed wanting to see if I could make more. Obviously, it did not.

The Profit : RM2500 (100 points x RM 25 x 1 contract = RM2500)

My balance is now RM20000.
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 23 July 2012
Subject : Reserved To Short CPO
I reversed my position to short CPO Oct 2012 Future Contract at 3004 for 1 contract. The feeling part is hard to deal with actually.


  1. Bro, if you stop mentioning about your feelings then maybe it'll go away. Also, do you realise that every time you say you feel uneasy you win those trades and tend to lose on trades you feel comfortable with? Who says trading is easy?
    This is a scary game, you need balls to trade successfully and consistently.
    All the best.

  2. Hi Kanneenah,
    Thank you for your perfectly right comment. The 'uneasy' trades tend to produce profit then those normal 'logic' trades.