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.

8 comments:

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

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  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.


    Regards,

    Abel

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

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

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

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  6. Hi EMT,
    I am happy actually. Thanks

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  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 www.ultimatetradingforbeginnere.com under the blog section.. perhaps we can collaborate on some future projects. Take care and keep in touch!

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

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