Date of exit : 30 April 2013
Title : Exited Trade At 2285 - A Roller Coaster Ride
I manged to exit my position by shorting at 2285 for a loss of 13 points. The exit should be much higher but one mistake lead to another till now. This is the price I have to pay for not acting fast and decisive.
The Loss : RM325 (13points x RM25 x 1contract = RM325)
The balance is now RM 27,300 (RM 27,625 - RM 325 = RM 27,300)
(The details of my account is at My Future Trading Account Records 2012 )
Date of entry : 24 April 2013
Title : Do What I have To Do : Reversed To Long CPO
I reversed to long CPO July 2013 Future Contract at 2296 for one contract. You can imagine the state of mind I am in now. Sideways market is a storm for a trend trader like me.