Monday, July 15, 2013

Took Profit The Last Contract


Date of exit 2 : 15 July 2013
Title : Took Profit The Last Contrect
I took profit the last contract at 2364 with 100 points gain. The price rebounded strongly after it touched the low of 2234. Since my 100 points target reach couple with changing of contract month to Oct 2013 tomorrow, I set my exit price at 2264 and my position was filled. It has been a looong time since I got 100 points profit. I will enjoy mentally while it last : )
The Profit : RM 2500 (100points x RM25 x 1contract = RM 2500) 

The Total Profit : RM 2825 + RM 2500 = RM 5325 
The balance is now RM 31,800 (RM 26,475 + RM 5325 = RM 31,800)
(The details of my account is at My Future Trading Account Records 2012 )

Date of exit 1 : 15 July 2013
Title : Took Half Of Position
I longed to close at 2251 for 1 contract remaining 1 with a profit of 113 (2 points deducted for commission). 
The Profit : RM 2825 (113points x RM25 x 1contract = RM 2825) 

Date of entry :  11 July 2013
Title : Shorted CPO Sept 2013 Contract
I reversed to short CPO Sept 2013 Future Contract at 2366 for 2 contracts. MACD is heading downwards indicating a potential price going down.

5 comments:

  1. Abel,
    Do you mind to sms me when you place order?

    ReplyDelete
  2. Well done.
    Congratulation!

    ReplyDelete
  3. Thank you EMT : )

    Hi Cykoay,
    I think it would not be appropriate for me to do that. As trading involve too much risk.
    Thanks for asking.


    Regards,

    Abel

    ReplyDelete