Tuesday, August 6, 2013

Stop Loss Reached

The Total Profit : RM150 (RM250 - RM100 = RM150) 
The balance is now RM 31,375 (RM 31,225 + RM 150 = RM 31,375)
(The details of my account is at My Future Trading Account Records 2012 )

Date of exit 2: 6 Aug 2013
Title : Stop Loss Reached 
My position was stopped out at 2234 with a loss of 4 points. 
The loss is RM100 (4points x RM25 x 1contract = RM100) 

Date of exit 1: 5 Aug 2013
Title : Closed Half Of My Position Finally 
I exited half of my position ; 1 contract at 2248 with a little gain 10 points. I have a problem to pull the trigger lately. I "should have" sold half of my position last week on Friday someway 2278. For some reasons, I did not till just now. I "supposed" to close at 2258. In fact, I keyed in the price at 2258 to exit half of my position. Then I cancelled when the price rebound toward there. 
Trading could be mental tortured. 
The Profit : RM250 (10points x RM25 x 1contract = RM250) 

Date of entry : 31 July 2013
Title : Long CPO Finally
I longed FCPO Oct 2013 Future Contract at 2236 for 2 contracts. This is the high price I honestly do not feel comfortable. Well, trading is never comfortable. 

2 comments:

  1. Trading game is like this, what 2 do :), but so far you control the game very well, i thought you will stop the short and reverse to long when break up 2190 base on your 60 min chart. (Sorry if i mis judge your system)

    Nemo from Deep Blue Sea :)

    ReplyDelete
  2. Hi Nemo DBS,

    You are actually right. I missed the exit and one thing lead to another. I should have decisive enough.


    Thanks
    Abel

    ReplyDelete