Friday, August 16, 2013

Final Exit To Lock Profit

The Total Proit : RM 1550 (RM300 + RM1250 = RM1550) 
The balance is now RM 32,875 (RM 31,325 + RM 1550 = RM 32,875)
(The details of my account is at My Future Trading Account Records 2012 )

Date of exit 2 : 16 Aug 2013
Title : Final Exit To Lock Profit 
I locked the profit for the final contract at 2339 with a gain of 50 points. I guess it is good enough. 
The Profit : RM1250 (50points x RM25 x 1contract = RM1250) 

Date of exit 1 : 15 Aug 2013
Title : Close Half Of My Position
I closed 1 contract at 2301 with a little gain of 12 points (2 points deducted for commission). Well, I have no strong reason to exit, the only reason could be the changing month on 15th. 
The Profit : RM300 (12points x RM25 x 1contract = RM300) 

Date of entry : 13 Aug 2013
Title : Long CPO At Higher Price
I longed CPO Oct 2013 Future Contract at 2287 for 2 contracts. Wow! Quite a high price.


  1. hi , how about your Short @ 2234 on 6.8.2013 ?

  2. Hi Mick,

    I actually closed the same day I bought making little loss. I did not hold on to the trade due to long holiday ahead. Please refer to my blog.



  3. This is not high price... Looking at it and Palm oil market sentiment. I believe it is going to touch 2300 with ease.

  4. Yes Kok mING,
    Both technical and fundamental are Bullish.

  5. Congratulation!
    Very good result with 3 days for ~RM1500.

  6. Hi EMT,
    I am happy actually. Thanks

  7. Wow.. a very comprehensive website for our local market indeed. I am also a full time trader for our local market and futures and options products for the US market. I have just shifted my old blog to my new website at under the blog section.. perhaps we can collaborate on some future projects. Take care and keep in touch!

  8. Hi, thank you for sharing. Let's see what happen :)