Shorted To Close - Another Busy For Losing Trade

Date of entry: 14 Dec 2011
Long CPO For Potential Rebound
I longed CPO Feb 2012 Future Contract at 3005 in the afternoon after the price shot up to 3006 then back to 3005. There is high chance for the rebound.

I did not usually hold over night when I am against the trend (below moving averages in this case). I did it because the price has been down. The stop loss is placed at all time.

Date of exit: 15 Dec 2011
Shorted To Close - Another Busy For Losing Trade
I shorted to close my position at 2997 with a loss of 10 points (2 points for commissions). I have nothing to say about this trade. The market can do what ever it wants. Yesterday, everything seemed so great and today with a gap down.

The balance of my account is RM13,200 after the loss of RM250.
(The details of my account is at My Future Trading Account Records 2011 )