Date of entry: 5 May 2010
I turned long CPO July 2010 Future Contract at 2518 with 2 contracts. The price makes a sudden u turned. I am in for a quick kill if there is any.
Date of exit: Same Day
The price finished with a long tail at 4:00pm so I closed my long position at 2513 for the 2 contracts with a loss of 6 points for each contract. My loss is RM 300.
The balance of my account is RM 23,200 after the loss of RM 300 (6points x RM25 x 2contracts = RM 300) (The details of my account is at My Future Trading Account Records 2010 )
Hi Abel,
ReplyDeletetoday when stochastic and RSI indicator turn up from oversold region at 5 min chart, you should start to long, not at afternoon when it reaches 2518
Hi ahkuih,
ReplyDeleteI did not long as the market was obviously in down trend mode Yesterday.
Thank you for your suggestion