Thursday, December 6, 2012
Final Long To Exit CPO
Title : Final Long To Exit CPO
I longed to take the final contract at 2296 with a profit of 102 points.
The Profit : RM2550 (102points x RM25 x 1contract = RM2550)
My balance is now RM34,875 (RM29,825 + RM2500 + RM2550 = RM34,875)
(The details of my account is at My Future Trading Account Records 2012 )
Title : Took Profit Half Of My Position
I exited 1 contract at 2298 with 100 points gain remaining 1 in the market.
The Profit : RM2500 (100points x RM25 x 1contract = RM2500)
Title : Shorted CPO Feb 2013 Future Contract
I reversed to short CPO Feb 2013 Future Contract for 2 contracts (I added addition contract). The price has been siding. It could go both way.
Note : For every contract I trade, I use RM15,000 as my margin.