Friday, January 11, 2013

Long To Take Profit

Date of exit : 11 Jan 2013
Title : Long To Take Profit
I longed to close my position at 2363 for 100 points profit. I have been watching and waiting for the 'right' time to exit. But we all know, it will never be a 'right'. What is the 'rightest' would be confirming the profit : )

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


Date of entry : 4 Jan 2013
Title : OK, Shorted Now
You are not going to believe it. I reversed to short CPO March 2013 Future Contract at 2465. I honestly don't feel like trading and blogging at one point.

3 comments:

  1. Hi Ben,
    You are not far away from it. Almost there. Keep it up.

    Since you already add MACD in your chart. Look at the color change & divergence of the MACD and the Candlestick (reversal type) for trend change. You might got some false signal, but more of it...accurate signal. Out of 10, you might got 7 to 8.

    feel free to drop by to my blog also...http://trader-malaysia.blogspot.com

    ReplyDelete
  2. Hi Bujal38,

    Thank you for your comment and also your blog. Trading is a long journal.


    Happy New Year,

    Abel

    ReplyDelete
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