Date of exit : 8 Feb 2013
Title : Stopped Out Again - Sideways Kills
My long position was stopped out again at 2537 with a loss of 28 points. The market is obviously in sideways mode (maybe due to Chinese New Year). A trend trader like me will have tough time.
The Loss : RM700 (28points x RM25 x 1contract = RM700)
The balance is now RM 26,325 (RM27,025 - RM700 = RM 26,325)
(The details of my account is at My Future Trading Account Records 2012 )
Title : Reversed To Long CPO
I reversed to long CPO April 2013 Future Contract at 2563 for 1 contract. There is high potential for the continuation of the rally.