Short To Take Profit

Date of exit : 31 Jan 2013 Title : Short To Take Profit
I shorted to take profit at 2554 with a gain of 124 points. This trade is also unusually long. At least it turned out to be a profitable one.

The Profit : RM3100 (124points x RM25 x 1contract = RM3100)

The balance is now RM 27,825 (RM24,725 + RM3100 = RM 27,825) 
  (The details of my account is at My Future Trading Account Records 2012 )
 

Date of entry : 21 Jan 2013
Title : Reversed Position To Long
I longed CPO April 2013 Future Contract as usual at 2428 to reversed my position. I have no idea what the next direction be. CPO is obviously in sideways.

Position Auto Closed With Profit

Date of exit : 31 Jan 2013
Title : Position Auto Close With Profit
My short position was automatically closed at 1628.5 with a profit of 60 points (half a point for 1 sided commission only). It has been a long wait since I initiated the trade but it is all worth while.

The Profit : RM3000 (60points x RM50 x 1contract = RM3000)

The balance is now RM 16,576 (RM13,675 + RM3000 = RM 16,675) 
  (The details of my account is at My Future Trading Account Records 2012 )
 
 

Date of entry : 10 Jan 2013
Title : Short FKLI Jan 2013 Contract
I shorted FKLI Jan 2013 Future Contract For 1 contract at 1689.

Position Kicked Out

Date of exit : 21 Jan 2013
Title : Position Kicked Out
My position was kicked out at 2428 with a loss of 34 points.

The Loss : RM850 (34points x RM25 x 1contract = RM850)

The balance is now RM 24,725 (RM25,575 - RM850 = RM 24,725)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 17 Jan 2013
Title : Reversed To Short CPO
I reversed my position as usual to short CPO April 2013 Future Contract at 2396 for 1 contract.

Note : This is the chart of CPO April 2013 Future Contract (Hourly). It differed from the general active month chart.

Exit To Cut Loss

Date of exit : 17 Jan 2013
Title : Exit To Cut Loss
I exited the trade at 2396 with a loss of 24 points.

The Loss : RM600 (24points x RM25 x 1contract = RM600)
The balance is now RM 25,575 (RM26,175 - RM600 = RM 25,575)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 15 Jan 2013
Title : Long April 2013 Future Contract
I longed CPO April 2013 Future Contract at 2418 for one contract.

My Future Trading Account Records 2013

My account this year started with RM 26,175 for FCPO and RM 13,675 for FKLI. Let's see how. Wish Me Luck.

The followings are my trades in 2013:

FCPO = Crude Palm Oil Futures:
Action 20121231: Short March 2013 FCPO At 2439 : Loss RM1575 = Balance RM24,600
Action 20130102: Long March 2013 FCPO At 2500 : Loss RM925 = Balance RM23,675
Action 20130104: Short March 2013 FCPO At 2465 : Profit RM2500 = Balance RM26,175
Action 20130115: Long April 2013 FCPO At 2418 : Loss RM600 = Balance RM25,575 
Action 20130117: Short April 2013 FCPO At 2396 : Loss RM850 = Balance RM24,725 
Action 20130121: Long April 2013 FCPO At 2428 : Profit RM3100 = Balance RM 27,825 
Action 20130206: Short April 2013 FCPO At 2533 : Loss RM800 = Balance RM 27,025
Action 20130207: Long April 2013 FCPO At 2563 : Loss RM700 = Balance RM 26,325
Action 20130208: Short April 2013 FCPO At 2526 : Profit RM750 = Balance RM 27,075
Action 20130218: Long March 2013 FCPO At 2538 : Loss RM300 = Balance RM 26,775
Action 20130222: Short May 2013 FCPO At 2538 : Profit RM2750 = Balance RM 29,525
Action 20130304: Long May 2013 FCPO At 2408 : Loss RM625 = Balance RM 28,900 
Action 20130307: Short May 2013 FCPO At 2385 : Loss RM725 = Balance RM 28,175
Action 20130307: Long May 2013 FCPO At 2412 : Loss RM100 = Balance RM 28,075
Action 20130315: Long June 2013 FCPO At 2408 : Profit RM550 = Balance RM 28,625
Action 20130326: Short June 2013 FCPO At 2432 : Profit RM1050 = Balance RM 29,675
Action 20130303: Long June 2013 FCPO At 2393 : Loss RM925 = Balance RM 28,750
Action 20130305: Short June 2013 FCPO At 2358 : Loss RM925 = Balance RM 27,825
Action 20130308: Long June 2013 FCPO At 2393 : Loss RM550 = Balance RM 27,275
Action 20130310: Short June 2013 FCPO At 2373 : Profit RM2525 = Balance RM 29,800
Action 20130419: Long July 2013 FCPO At 2319 : Loss RM1375 = Balance RM 28,425
Action 20130422: Short July 2013 FCPO At 2266 : Loss RM 800 = Balance RM 27,625
Action 2013024: Long July 2013 FCPO At 2296 : Loss RM 325 = Balance RM 27,300
Action 20130508: Long July 2013 FCPO At 2275 : Profit RM 400 = Balance RM 27,700
Action 20130514: Short Aug 2013 FCPO At 2293 : Loss RM 650 = Balance RM 27,050
Action 20130516: Long Aug 2013 FCPO At 2317 : Profit RM 1250 = Balance RM 28,300
Action 20130530: Short Aug 2013 FCPO At 2375 : Loss RM 800 = Balance RM 27,500
Action 20130603: Long Aug 2013 FCPO At 2405 : Loss RM 925 = Balance RM 26,575
Action 20130604: Short Aug 2013 FCPO At 2370 : Loss RM 700 = Balance RM 25,875
Action 20130605: Long Aug 2013 FCPO At 2396 : Profit RM 1050 = Balance RM 26,925
Action 20130613: Short Aug 2013 FCPO At 2440 : Loss RM 600 = Balance RM 26,325
Action 20130617 : Long Aug 2013 FCPO At 2459 : Loss RM 900 = Balance RM 25,425
Action 20130621 : Short Sept 13 FCPO At 2425 : Profit RM 1000 = Balance RM 26,425
Action 20130708 : Long Sept 13 FCPO At 2365 : Profit RM 50 = Balance RM 26,475
Action 20130711 : Short Sept 13 FCPO At 2366 : Profit RM 5325 = Balance RM 31,800
Action 20130718 : Long Oct 13 FCPO At 2281 : Loss RM 2000 = Balance RM 29,800
Action 20130724 : Short Oct 13 FCPO At 2241.5 : Profit RM 1425 = Balance RM 31,225
Action 20130731 : Long Oct 13 FCPO At 2236 : Profit RM 150 = Balance RM 31,375
Action 20130806 : Short Oct 13 FCPO At 2234 : Loss RM 50 = Balance RM 31,325
Action 20130813 : Long Oct 13 FCPO At 2287 : Profit RM 1550 = Balance RM 32,875
Action 20130830 : Short Nov 13 FCPO At 2403 : Loss RM 150 = Balance RM 32,725
Action 20130906 : Long Nov 13 FCPO At 2421 : Loss RM 3050 = Balance RM 29,675
Action 20130913 : Long Nov 13 FCPO At 2457 : Loss RM 1700 = Balance RM 27,975
Action 20130917 : Long Dec 13 FCPO At 2351 : Loss RM 2650 = Balance RM 25,325
Action 20130924 : Long Dec 13 FCPO At 2322 : Loss RM 1,875 = Balance RM 23,450
Action 20130930 : Long Dec 13 FCPO At 2315 : Loss RM 725 = Balance RM 22,725
Action 20131006 : Short Dec 13 FCPO At 2561 : Profit RM 425 = Balance RM 23,150
Action 20131111 : Long Jan 14 FCPO At 2549 : Loss RM 600 = Balance RM 22,550
Action 20131111 : Short Jan 14 FCPO At 2526 : Loss RM 675 = Balance RM 21,875
Action 20131112 : Long Jan 14 FCPO At 2551 : Profit RM 1500 = Balance RM 23,375
Action 20131119 : Short Feb 14 FCPO At 2570 : Profit RM 250 = Balance RM 23,625 Action 20131121 : Long Feb 14 FCPO At 2606 : Profit RM 1000 = Balance RM 24,625 Action 20131128 : Long Feb 14 FCPO At 2657 : Profit RM 75 = Balance RM 24,700 Action 20131220 : Long Feb 14 FCPO At 2586 : Profit RM 1500 = Balance RM 26,200


FKLI = Kuala Lumpur Index Futures:
Action 20130110: Short Jan 2013 FKLI At 1689 : Profit RM3000 = Balance RM16,675
Action 20130214: Long Feb 2013 FKLI At 1628.5 : Loss RM925 = Balance RM15,750 
Action 20130222: Long Feb 2013 FKLI At 1615 : Profit RM975 = Balance RM 16,725 Action 20130325: Long Feb 2013 FKLI At 1646 : Profit RM1100 = Balance RM 17,825

Long To Take Profit

Date of exit : 11 Jan 2013
Title : Long To Take Profit
I longed to close my position at 2363 for 100 points profit. I have been watching and waiting for the 'right' time to exit. But we all know, it will never be a 'right'. What is the 'rightest' would be confirming the profit : )

The Profit : RM2500 (100points x RM25 x 1contract = RM2500)

Date of entry : 4 Jan 2013
Title : OK, Shorted Now
You are not going to believe it. I reversed to short CPO March 2013 Future Contract at 2465. I honestly don't feel like trading and blogging at one point.

Kicked Out Again

Date of exit : 4 Jan 2013
Title : Kicked Out Again
My long position is being kicked out again at 2465 with a loss of 37 points. It has been a difficult trade since Dec 2012. Something has changed in terms of market condition. Anyway, the market is in sideways mode. A trend trader like me surfer when the market consolidates.

The Loss : RM 925 (37points x RM25 x 1contract = RM925)

Date of entry : 2 Jan 2013
Title : Reversed To Long CPO
I reversed to long CPO March 2013 Future Contract at 2500 for 1 contract. There is no strong reason to long. I reversed my position right after my cut loss on the previous trade. This is what I normally do.

My Concern :MACD is still down. It looks like a very bumpy road ahead of me.

First Trade - Cut Loss

Date of exit : 2 Jan 2013
Title : First Trade - Cut Loss
I exited the trade at 2500 with a loss 63 points. I am trying to control my loss between 60 to 70 points now.

The Loss : RM1575 (63points x RM25 x 1contract = RM1575)

Date of entry : 31 Dec 2012
Title : You Know What, I Shorted
I shorted CPO March 2013 at 2439 2 minutes before the market closed. MACD has been flat with the price headed new high indicating a weakness. I placed order earlier. I could not believe my eye. Wish me luck.

The Concern :The price is actually hit back to the previous consolidation area. This would mean a temporary slow down in the plunge.

Positive Performance For 2012

CPO Futures Trading
My initial balance For CPO Futures Trading was RM 13,200. With a long and tension whole year trading, my balance managed to increase to RM 26,175 with an increment of RM 12,975. I am happy with performance (98.3% Return) despite the draw down of the last two trades. This is trading. Anything can happen.

FKLI Futures Trading
There were only 3 trades done for the entire year due to my lack of proper trading method for FKLI Futures. I managed to make a little profit of RM 250 (1.85% Annual Return). I know it is too little to mention but I am still happy. (RM 13,675 - RM 13,425 = RM 250)