Thursday, January 23, 2014

Exited For Profit

Date of exit : 23 Jan 2014
Title : Exited For Profit
I exited my trade at 2595 with a gain of only 26 points for my first trade of the year. The price might continue surge, 26 points is good for me for now.

The Profit : RM 650 (26points x RM25 x 1contract = RM 650) 
The balance is now RM 26,850 (RM 26,200 + RM 650 = RM 26,850)

Date of entry : 20 Jan 2014
Title : Longed CPO At The Open This Morning
I initiated long position at the open when the price opened with gap at 2567 with 1 contract.

Sunday, January 12, 2014

My FCPO 2013 Performance - FLAT!

FCPO Trading 2013 : 
My opening balance for FCPO was RM 26,175 in 2013. After a long and stressful trades for the whole year, my account managed to break even at RM 26,200 (slightly positive by RM 25!). I actual made up to RM 32,875 and for some reasons, the trades went south making me string and string of losses all the way to the low balance of RM 21,875.
The few bad trades enough to kill all my 'should have' profit of the year. In trading, anything can happen. When experiencing big win, we should BECOME very CAUTIOUS to preserve our profit. This is the lesson I learn from 2013 FCPO Trades. 
FKLI Trading 2013 : 
I have been quiet in FKLI trading with the reason that FKLI has no pattern. A pure chartist would find it hard to trade. I only managed have only trades for the whole year. Well, at least it is positive. I am happy actually. 
My initial balance at the beginning of 2013 was RM 13,675 and I managed to a little profit of RM 4,150 to RM 17,825; a positive performance of 30.35%.