Wednesday, June 26, 2013

Profit Locked At 2383

Date of exit : 26 June 2013
Title : Profit Locked At 2383
I placed profit target earlier at 2383 and was finally triggered before the market closed. It has been a 'slow' trade with 'less meat'. Anyway, profit is profit while it last. 

The Profit : RM1000 (40points x RM25 x 1contract = RM1000) 

The balance is now RM 26,425 (RM 25,425 + RM 1000 = RM 26,425)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 21 June 2013
Title : Reversed Short CPO Aug 2013
I reversed to short CPO Aug 2013 Future Contract at 2425 for 1 contract unwillingly. This trade should have been done much earlier. But I was 'hopping' the price to rebound. Hopping is the worse enemy and it cost me extra 13 points. 

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