Thursday, March 7, 2013

Long CPO

Date of exit : 7 March 2013
Title : Stopped Out With Loss 
My position was stopped out at 2385 with a loss of 25 points (2 points commission included). The price has been in sideways and I have been monitoring very closely hoping that it would not reach my selling point. But the market always does what it wants. I will just have to follow. 

The Loss : RM625 (25points x RM25 x 1contract = RM625) 

The balance is now RM 28,900 (RM 29,525 -  RM625 = RM 28,900)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 4 March 2013

Tittle : Long CPO
I initiate long position of CPO May 2013 at 2408 for 1 contract. It is a break up and MACD is recovering well.

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