Wednesday, April 10, 2013

100 Points Target Reached

Date of exit : 17 April 2013
Title : 100 Points Target Reached
I took profit at 2270 for 101 points gain (2 points deducted for commission). It has been a long waited trade and also a long waited 100 points Profit Target.

The Profit : RM2525 (101points x RM25 x 1contract = RM2525) 

The balance is now RM 29,800 (RM 27,275 - RM 2525 = RM 29,800)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 10 April 2013
Title : CPO Short Now 
I could not believe myself. I shorted CPO June 2013 Future Contract 1 contract at 2373.
I usually reverse my position the moment I am stopped out which means that I will always in the market. This is not a common way as it took a lot of courage to reverse position specially when experiencing string of losses. Trading is never easy. 

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