Friday, September 21, 2012

Exited On 100 Points Gain

Date of exit : 21 Sept 2012
Exited On 100 Points Gain
I longed to exit the trade at 2785 with 100 points gain (2 points for commissions). The price might go lower considering the recent low has just been broken. There is no fix answer for my exit except that I want to confirm and feel the profit.

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

My balance is now RM27175
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 18 Sept 2012
Title : Reversed Short Dec 2012 Contract
I reversed to short CPO Dec 2012 Future Contract at 2887 for one contract. It is an obvious break down from the consolidation. Knowing and acting are entirely different thing. We just have to act upon it when times come even it is hard.


  1. Hi Abel,nice post to follow.
    May I suggest you make a daily closing short review on your holding position, to reassure or to doubt the direction.
    Thank you and happy trading.

  2. Hi Soursop,

    Thank you for your suggestion. I will try to do that.