Reentered Long Position At 2502

Date of entry: 4 Feb 2010
I reentered the market to long CPO April 2010 future contract at 2502 with 2 contracts in the morning session. Hope for the best.

Date of exit: 5 Feb 2010
I longed to close at the open at the price of 2491 with a loss of 13 points including 2 points commission.
The balance of my account is RM 28,125 after the loss of RM (Loss:13points x 2 contracts x RM25 = RM 650).
(The details of my account is at My Future Trading Account Records 2010 )

Right Trade But Bad Loss: Short and Close CPO

Date: 4 Feb 2010
I shorted at 2477 2 contracts and closed in less than one hour at 2512 (hit my stop loss) with a loss of 36 points. This is the right trade but bad loss. I follow my trade rules so I have nothing to say. I lost RM 1,800!!
The balance of my account is RM 28,775 after the loss of RM 1,800 (Loss:36points x 2 contracts x RM25 = RM 1,800).
(The details of my account is at My Future Trading Account Records 2010 )

Long CPO April 2010 At 2478

Date of entry: 3 Feb 2010
I long CPO Feb 2010 at the open at 2478 for 2 contracts. The price broke above recent high.
Date of exit: 3 Feb 2010 @ 12:30
I closed 1 contract at 2490 with a profit of 11 points after commission and remain 1 long contract

Date of exit: 4 Feb 2010
I short to exit long position at 2474 in the opening morning session with a loss of 6 points including commission.
The balance of my account is RM 30,575 after the profit of RM 125 (Porfit:11points x 1 contract x RM 25 = RM 275)(Loss:6points x 1 contract x RM25 = RM 150).
(The details of my account is at My Future Trading Account Records 2010 )

Flat Performance For Jan 2010

I started my account with RM 32,000 in April 2009 and my balance on 31 Dec 2009 was RM 30,450 which is a reduction of 4.84%.
With the balance of still RM 30,450 as at 31 Jan 2010, I have a zero % performance for January 2010.

Close All Short Position For CPO April 2010

Date of entry: 29 Jan 2010
I reversed to short at the afternoon session open at 2423 for 2 contracts. I could not believe myself sometimes. I will just do what I got to do. Impulse changes is the one thing for sure happenning all times.

Date of exit: Same Day
I could not believe it! The market just made a sudden change of direction again. My stop loss was hit at 2444 (supposed to be at 2442) with a loss of 22 points. What a Day!
The balance of my account is RM 30,450 after the loss of RM 1,100 (Loss:22points x 2 contracts x RM25 = RM 1,100).
(The details of my account is at My Future Trading Account Records 2010 )

Long CPO April 2010 For Short Term Rebound

Date of entry: 28 Jan 2010
I turned long CPO April 2010 Future Contract at 2438 since the price broke above 2438 (recent high based on 1 hour chart) for a short term rebound. CPO has been very resilient for the past days and staying sideway well without making new low when most markets were down indicating that CPO or commodities market could be strong.
Date of exit 1: 29 Jan 2010
I closed 1 contract at 2443 making 3 points gain only. The market is neutral now, it could go either way

Date of exit 2: 29 Jan 2010
I closed the last 1 contract at 2424 at the open of afternoon session lossing 16 points including commission.
The balance of my account is RM 31,550 after the loss of RM 325 (Profit:3points x 1 contract x RM25 = RM 75)(Loss:16points x 1 contract x RM25 = RM 400).
(The details of my account is at My Future Trading Account Records 2010 )

Short CPO April Contract at 2448

Date of entry: 26 Jan 2010
The price openned with a gap down and I shorted 2 contracts at 2448.

Date of exit: 27 Jan 2010
I longed to close the position at 2429 with a profit of 17 points. CPO does not seem that bearish after all as compare to FKLI and the rest of the stock markets.
The balance of my account is RM 31,875 after the profit of RM 850 (17points x 2 contracts x RM25 = RM 850).
(The details of my account is at My Future Trading Account Records 2010 )