Thursday, October 18, 2012
Exited Short Position Finally
Date of exit : 18 Oct 2012
Title : Exited Short Position Finally
I placed my stop loss near and I was kicked out at 2497 at the loss of 39 with 2 points commission included. It has been a 'waiting' trade.
The Loss : RM975 (39points x RM25 x 1contract = RM975)
My balance is now RM26,200 (RM27,175 - RM975 = RM26,200)
(The details of my account is at My Future Trading Account Records 2012 )
Title : Sideways But Potential Rebound
The price has been ranging since I bought on 15 Oct 2012. It looks like there is high chance that the market will rebound. I was once wanted to get out but then there was no signal of exiting so I have to hold on to the short side despite I 'think' the market is going to rebound very soon.
Title : Short CPO Jan 2013 Contract
I initiated short position for CPO Jan 2013 Future Contract at 2460 for one contract. The last week bad feeling still remind in my mind. Time is the best healer.