Date of entry: 27 Jan 2011
Short CPO April 2011 Future Contract
I shorted FCPO April 2011 future contract at 3692 for 1 contract. It is a break down now and the price stayed below moving averages.
Date of exit: 28 Jan 2011
CPO - Closed Short Position
I longed to close the position at 3713 with a loss of 23 points including 2 points for commissions. The last 2 candle with long lower tails indicating that the down side pressure is not strong enough.
The Loss: RM575 (23points x RM25 x 1contract = RM575).
The balance of my account is RM19,450 after the loss of RM575.
(The details of my account is at My Future Trading Account Records 2011 )
Abel, it is still a "Short" unless closed
ReplyDeleteabove 3700 ..anyhow Happy CNY !
非土猪
过年啰！
ReplyDeleteIt is prudent not to hold any positions during long holidays.
Sky/God/Allah knows what is going to happen.
Trader88
Happy Prosperous New Year to 非土猪 & Trader88 and also all my visitors.
ReplyDeleteAbel