Thursday, October 25, 2012

100 Profit Points Reached

Date of exit : 25 Oct 2012
Title : 100 Profit Points Reached
I exited on my 100 target points at 2599.
My reason:
1) My usual 100 profit target is reached
2) Friday is a public holiday for Malaysia. The risk increases when many global markets still open on Friday
3) CPO has been up for many days.

The Profit : RM2500 (100points x RM25 x 1contract = RM2500)

My balance is now RM28,700 (RM26,200 + RM2500 = RM28,700)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 18 Oct 2012
Title : Reversed To Long CPO Jan 2013 Contract
I reversed my position to long CPO Jan 2013 Future Contract at 2497 for one contract.
This is not my usual decision making which is based on bullish candle.

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