Wednesday, April 28, 2010

Wow! What A Day. Reversed To Short CPO


Date of entry: 27 April 2010
I turned short CPO July 2010 future contract at 2535 with 2 contracts. It turned out 2535 is the low of the day. It touched the low and rebounded & closed at 2550. What a day!

Date of exit: 28 April 2010
I closed my short position at 2551 with a loss of 18 points included 2 points for commission.
My Comment: The market rebounded after touched the low of 2529.
The balance of my account is RM 22,400 after the loss of RM 900
(The details of my account is at My Future Trading Account Records 2010 )
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5 comments:

  1. AnonymousApril 28, 2010 at 11:34 AM

    Hi Bro,
    I think you need to adjust yr. strategy, else
    you won't survive for long.

    Keep it up !

    Najib

    ReplyDelete
  2. AbelApril 28, 2010 at 2:04 PM

    I will. Thank you Najib.

    ReplyDelete
  3. AnonymousApril 29, 2010 at 4:32 PM

    hi.

    mine terrible. got loss everyday now till my bal acc left 8k.god. how suffer n depress now!

    mm

    ReplyDelete
  4. AbelApril 30, 2010 at 11:07 AM

    Hi mm,

    We are in the same shoe, keep it up!

    Abel

    ReplyDelete
  5. cykoayMay 2, 2010 at 12:17 AM

    Hi Abel,
    if you willing to survive and passionate on yr futures trading, i can recommend my dealer that willing to guide you to path of success

    ReplyDelete

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