Exit Short FKLI

Date of entry: 22 Jan 2010
I shorted FKLI at 1296 (2 contracts). It has been quite a while since I traded FKLI. The entire markets including US and the rest of the world seem bearish.

Date of exit: 25 Jan 2010
I longed to close the position at 1291.50 making 3.5 points profit. Not much of the reason actualy. The stochastic is turning up from oversold area.
The balance of my account is RM 31,025 after the profit of RM 350 (3.5points x 2 contracts x RM50 = RM 350).
(The details of my account is at My Future Trading Account Records 2010 )

Exit Long CPO April 2010 Position

Date of entry: 21 Jan 2010
The price openned with a gap up and I managed to long at 2464 for 2 contracts.

Date of exit: 22 Jan 2010
The price hit my stop loss level at 2457. I lost 9 points for this trade after 2 points commission.
The balance of my account is RM 30,675 after the loss of RM 450 (9points x 2 contracts x RM25 = RM 450).
(The details of my account is at My Future Trading Account Records 2010 )

Short CPO April 2010 at 2460

Date of entry: 20 Jan 2010
I shorted CPO April future contract at 2460 as it opened way below moving average and the stochastic turned down. Honestly, I do not know what the final direction CPO price wants to go but I will just follow the price movement closely.

Date of exit: Same Day
I closed the long position at 2453 with a bit of profit; 6 points (1 point commission for intraday trade). Not really a good reason to close, there is high chance the market would consolidation.
The balance of my account is RM 31,125 after the profit of RM 300 (6points x 2 contracts x RM25 = RM 300).
(The details of my account is at My Future Trading Account Records 2010 )

Reversed To Long At 2467

Date of entry: 18 Jan 2010
I reversed my position to long right after I close my short position at 2467 for 2 contracts.

Date of exit: 20 Jan 2010
The price opened with a gap down so I closed my long position at 2460 with a loss of 9 points including commission.
The balance of my account is RM 30,825 after the loss of RM 450 (9points x 2 contracts x RM25 = RM 450).
(The details of my account is at My Future Trading Account Records 2010 )

Short CPO April 2010 Future Contract

Date of enter: 15 Jan 2010
I shorted CPO April 2010 Future Contract at 2511 right after the price broke below recent low of 2513 (refer to chart) for 2 contracts.

Date of exit: 18 Jan 2010
My stop loss of 2470 was hit with a profit of 39 points after deducting 2 points for commission.
The balance of my account is RM 31,275 after the porfit of RM 2,050 (41points x 2 contracts x RM25 = RM 2050).
(The details of my account is at My Future Trading Account Records 2010 )

Closed Short CPO The Same Day

Date of entry: 14 Jan 2010
I reversed to short CPO March 2010 at 2512. I am not sure about this trade actually. I will put tight stop loss to protect my money.

Date of exit: The Same Day
My tight stop loss at 2530 was hit at the close lossing again 19 points including 1 point commission (day trade rate).
The balance of my account is RM 29,225 after the loss of RM 950 (19points x 2 contracts x RM25 = RM 950).
(The details of my account is at My Future Trading Account Records 2010 )

Long CPO at the open

Date of exit: 14 Jan 2010
I longed CPO March 2010 at the open at the price of 2528 for 2 contracts when the price opened with a up gap. I am trying to take the advantage of oversold situation.

Date of exit: Same Day
The market just did not continue the upside. My stop loss was hit at 2514 with loss of 16 points including commission.
The new balance of my account is RM 30,175 after the loss of RM 700 (16points x 2 contracts x RM25 = RM 800).
(The details of my account is at My Future Trading Account Records 2010 )