Took Lost The Final Contract

Date of exit 2: 26 Sept 2013
Title : Took Lost The Final Contract
I finally realized the lost at 2273 with a loss of 51 points. The Loss RM1,275. 

Date of exit 1 : 25 Sept 2013
Title : Closed One Contract
I closed 1 contract with a loss of 24 points. CPO price is heading for unknown now. The Loss RM600. 

The Loss : RM1,875 (RM1275 + RM600 = RM1,875) 

The balance is now RM 23,450 (RM 25,325 - RM 1875 = RM 23,450)

(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 24 Sept 2013
Title : Long CPO At Open
I longed CPO Dec 2013 Future Contract at 2322 at the open for 2 contracts. I actually lost confident during the last few losing trades.

Exited Trade At 2300

Date of exit : 19 Sept 2013

Title : Exited Trade At 2300

I exited the trade at 2300 to call it a day. World commodities are up but CPO is down due to Ringgit Malaysia. What to do. Realize it and see how. 

The Loss : RM2650 (53points x RM25 x 2contracts = RM2650) 

The balance is now RM 25,325 (RM 27,975 - RM 2650 = RM 25,325)

(The details of my account is at My Future Trading Account Records 2012 )

Comment : I have been experiencing string of losses , big time. This makes me realized that what ever system I am using. It will "fade away" over time. An adjustment is critically needed in order to 'survive' 

Date of entry : 17 Sept 2013

Title : I Am In - Long CPO

I longed CPO Dec 2013 Future Contract at 2351 (Wow! high of the day) for two contracts at 2351

Final Exit At 2314

Total Loss : RM600 + RM1100 = RM1700
The balance is now RM 27,975 (RM 29,675 - RM 1700 = RM 27,975)

(The details of my account is at My Future Trading Account Records 2012 )

Date of exit 2: Same Date
Title : Final Exit At 2314
I exited the final contract to cut my loss at 2314. 
The Loss : RM1100 (44 points x RM25 x 1 contract = RM1100) 

Date of exit 1: Same Date
Title : Closed One Contract With Loss 
I closed one contract at 2334 with a loss of 24 points. I realized that today is the last day for Nov 2013 as active month and also coming Monday is a public holiday. 
The Loss : RM600 (24 points x RM25 x 1 contract = RM600) 

Date of entry : 13 Sept 2013
Title : Longed CPO Nov 2013 Contract
I initiated long position for Nov 2013 CPO Future Contract for 2 contracts at 2357. I just try to catch the short rebound if there is any.

CUT BIG LOSS

Date of exit : 10 Sept 2013

Title : CUT BIG LOSS 

I finally cut my loss at 2362 with a HUGE LOSS of 61 points. This is one of the worse loss I ever attend :( It is really hard breaking to see my profit ruin and then turned into BIG LOSS. My supposed move would be exit at the open at 2380. 

The Loss : RM3050 (61points x RM25 x 2contracts = RM3050) 

The balance is now RM 29,675 (RM 32,725 - RM 3050 = RM 29,675)

(The details of my account is at My Future Trading Account Records 2012 )

Lesson : Once I see profit, I should place at least an breakeven point for any trades. Never turn profit into BIG LOSSES. 

Date of entry : 6 Sept 2013
Title : Longed CPO Nov 2013
I initiated long position for CPO Nov 2013 with 2 contracts. It looks like the price has 'rested' enough for the next upside move. Let's see.

Exited Trade

Date of exit : 4 Sept 2013

Title : Exited Trade

I longed to exit the trade with a little loss at 2407 (-6 points). The price seemed resilient. Exiting could be a better call. 

The Loss : RM 150 (6points x RM25 x 1contract = RM150) 
The balance is now RM 32,725 (RM 32,875 - RM 150 = RM 32,725)

(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 30 Aug 2013

Title : Late Report - Shorted One CPO Earlier 

I shorted CPO Nov 2013 Future Contract at 2403 earlier for one contract (half of my usual position). This might not be the strong down market, I only shorted one contract for now.