Thursday, March 7, 2013

Reversed Short CPO - A Break Down

Date of exit : Same Day
Title : Stopped Out Again! This Is Trading 
My position is out again with no clear reason. The price made a crazy surge and hit my stop loss at 2412 with a loss of  29 points (2 points for commission). We have to expect the unexpected when trading. 

The Loss : RM725 (29points x RM25 x 1contract = RM725) 

The balance is now RM 28,175 (RM 28,900 -  RM725 = RM 28,175)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 7 March 2013
Title : Reversed Short CPO - A Break Down 
I reversed to short CPO May 2013 Future Contract at 2385 for 1 contract. It is a break down. This is not a strong bearish market at least not yet.

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