Date of exit : 30 July 2013
Title : 2nd Exit At 2211 Almost The High
I exited the 2nd contract at 2211 with profit of 30 points. This is a tough one as I supposed to exit at 2141 with 100 points gain but I missed it. Then one thing lead to another, I missed the board all the way till reaching my first exit price of 2211. I have to protect my profit at least same as the previous one. NOW, the price is heading down again. I hate this kind of situation but this is the fact, the fact of trading.
My average entry price is 2241.5 [(2243+2240)/2]
The Profit : RM1425 (28.5points x RM25 x 2contracts = RM1425)
The balance is now RM 31,225 (RM 29,800 + RM 1425 = RM 31,225)
(The details of my account is at My Future Trading Account Records 2012 )
Date of exit 1 : 25 July 2013
Title : Took Profit One Contract
I closed one contract at 2211.
Date of entry : 24 July 2013
Title : Reversed To Short One Contract
I reversed to short one contract at 2243 too. My usual size supposed to be two contracts but I initiated one for a start and see how. CPO actually bounded back at the time of writing. We as trader can never get the 'right' price.
Later I further bought one extra contract at 2240.