Close Long Position At 2935

Date of entry: 2 Nov 2011
Long CPO At 2950 - Gap Open
I longed FCPO Jan 2011 Future contract at 2950 for 1 contract. This is a gap up.


Date of exit: 3 Nov 2011
Close Long Position At 2935
I shorted to close at 2935 with a loss of 17 points (2 points for commissions). Which ever direction I take, I loss. This is extremely heart broken.

The Loss: RM425 (17points x RM25 x 1contract = RM425)

The balance of my account is RM15,150 after the loss of RM425.
(The details of my account is at My Future Trading Account Records 2011 )

Exited My Trade At 2936 With Loss Again

Date of entry: 1 Nov 2011
Long Jan 2011 FCPO At The Open
I longed FCPO Jan 2012 Future Contract at 2956 for 1 contract. The price has corrected well from the high. There is a high chance that the market could go up. My stop loss is always in place just in case.

Date of exit: Same Day
Exited My Trade At 2936 With Loss Again
I exited the trade at 2936 with a loss of 21 points (1 point for commission). The price did not continue the up swing this morning. I am kind of use to it.

The Loss: RM525 (21points x RM25 x 1contract = RM525)

The balance of my account is RM15,575 after the loss of RM525.
(The details of my account is at My Future Trading Account Records 2011 )

Stop Loss Hit in real Last Minute

Date of entry: 24 Oct 2011
Long FCPO On Break Up
I longed FCPO Jan 2011 Future Contract at 2906 for 1 contract. It is a break up. Any weakness I would close the position.

Date onf exit: Same Day
Stop Loss Hit in real Last Minute
My stop loss was hit at the worse possible time; the real Last Minute at 2898 with a loss of 9 points. I am speechless.

The Loss: RM225 (9points x RM25 x 1contract = RM225)

The balance of my account is RM16,100 after the loss of RM225.
(The details of my account is at My Future Trading Account Records 2011 )

Close Short Position At 2847

Date of entry: 20 Oct 2011
Short FCPO At The Open Gap Down
I shorted FCPO Jan 2012 Future Contract at 2825 for 1 contract.

Date of exit: Same Day
Close Short Position At 2847
My stop loss is hit at 2847 with a loss of 23 points with 1 point commission (RM575).

The Loss: RM575 (23points x RM25 x 1contract = RM575)

The balance of my account is RM16,325 after the loss of RM575.
(The details of my account is at My Future Trading Account Records 2011 )

Close Short Position On Opening Bell

Date of entry: 18 Oct 2011
late Report - I Shorted FCPO Jan 2012 Earlier
I placed short position of FCPO Jan 2011 earlier at 2826 and I was filled. The price bounded back right after I shorted. The price is below moving averages and broken morning's low. I honestly feel nervous as it rebounded right after I shorted.

Date of exit: 19 Oct 2011
Close Short Position On Opening Bell
I longed to closed the position at 2855 with a loss of 31 points (RM775). It is a gap up which could mean a continuation of the up trend.

The Loss: RM775 (31points x RM25 x 1contract = RM775)

The balance of my account is RM16,900 after the loss of RM775.
(The details of my account is at My Future Trading Account Records 2011 )

Stop Loss Hit At 2901

Date of entry: 14 Oct 2011
Long FCPO Dec 2011 On Break Up
You know me. I longed FCPO Dec 2011 Future Contract at 2881 (1 contract) on the break up of recent high 2879.

Date of exit: 17 Oct 2011
Stop Loss Hit At 2901
My position was stopped out at 2901 with a gain of 18 points with 2 points as commission. I was waiting for the price to go either way actually. It chose the down site.

The Profit: RM450 (18points x RM25 x 1contract = RM450)

The balance of my account is RM17,675 after the profit of RM450.
(The details of my account is at My Future Trading Account Records 2011 )

Exited Long Position

Date of entry: 12 Oct 2011
Late Report - Long FCPO On Opening Bell
I longed this morning FCPO Dec 2011 Future Contract at 2854 on opening bell. I trade based on break out, this is one of the major breakup and I have to be in even if I feel the price is a bit too high.

Date of exit: 13 Oct 2011
Exited Long Position
My stop loss was hit at 2836 with a loss of 20 points with 2 points commission added.

The Loss: RM500 (20points x RM25 x 1contract = RM500

The balance of my account is RM17,225 after the loss of RM500.
(The details of my account is at My Future Trading Account Records 2011 )