Tuesday, May 14, 2013

Short To Take Profit

Date of exit : 14 May 2013
Title : Short To Take Profit
I exited my trade at 2293 with a gain of 16 points after 2 points deducted for commission. 

The Profit : RM400 (16points x RM25 x 1contract = RM400) 

The balance is now RM 27,700 (RM 27,300 + RM 400 = RM 27,700)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 8 May 2013
Title : Long CPO At Early Open
I initiated long position of July 2013 CPO Future Contract this morning at 2275 for 1 contract. The price has been down for many days and there is high chance for rebound. 

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