Thursday, September 19, 2013

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


  1. Sept-Oct palm oil expect start higher stocpile

  2. soybean also start harvest in sept-nov

  3. Hi Kok mING & dzuan757,

    Situation like this really makes us miserable. We loss because of CPO tied with Ringgit Malaysia :( What to do!

    Happy Moon Cake Festival


  4. This is where unexpected thing can kill...

  5. Yes Kok,
    My balance is back to my initial balance at the beginning of 2013 :(
    What to do. I have to live with it

  6. Ponder this...why long and not short? Daily shows downtrend. 60min shows downtrend but you have one higher high, but where's the higher low? Maybe need further filter...ponder or think about it. Maybe wait for 2nd higher high to go in.

  7. Hi Digital,

    Thank you for your comment.
    I am not comfortable to short as the MACD is actually pointing up indicating that the down side is limited. Further more, almost all commodities have high chance of going up due to the continuation of 'heroin' injection (QE3)