Friday, April 5, 2013

CPO Cut Loss

Date of exit : 5 April 2013
Title : CPO Cut Loss
My position reached my cut loss point at 2358 and exited with a loss of 37 points added 2 points for commission. The price has been in sideways. I will 'believe' that the market should rebound but I have to follow the market NOT what I THINK. 

The Loss : RM925 (37points x RM25 x 1contract = RM925) 

The balance is now RM 28,750 (RM 29,675 - RM925 = RM 28,750)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 3 April 2013
Title : Long CPO June 2013 Contract
I initiated long position for CPO June 2013 Future Contract at 2393 for 1 contract. There is high probability that the market would rebound. 

No comments:

Post a Comment