The CPO Futures blog is continuing its 6th edition year on 1 Year 1 Post. It is basically a FCPO trader's diary of 30 years trading experience. Remember: The underlying priciple here is that TRADING IS A GAME OF SKILL & PERSONAL CHALLENGE. So, please don't gamble & over-trading !
NO Strings Attached. At best I can, the early Stop and Reverse (SAR) trade signals Always Out in Advance for FREE viewing before FCPO is opened for trading, and the SAR trade signals remain in theoretical prices.
The yearly theoretical accumulated P&L for the past 5 years :
- 2020 @ 681 pts (or RM17,025.00 per lot, Profit) from 38 SARs
- 2021 @ 409 pts (or RM10,225.00 per lot, Profit) from 38 SARs
- 2022 @ 2905 pts (or RM72,625.00 per lot, Profit) from 24 SARs
- 2023 @ -213 pts (or -RM5,325.00 per lot, Loss) from 39 SARs
- 2024 @ 1065 pts. (or RM26,625.00 per lot, Profit) from 26 SARs
- 2025 @ ?? pts. (wait and see 😶 Profit or Loss ?)
Eye on Multiple Losing Trades (MLTs) and Capital Risk Ratio (CRR). They kill good traders! Do your own research too since it is just a trader's diary!
- SAR Sell@4951 (10/12/2024) and its P&L will be recorded here. (The SAR#26 Short@4951@10/12@rollover@4851@13/12 is brought forward.)
- Buy 4531 +420
if 4531 is traded on13/1/25 (**4851-4531= +320, note:13/12/24, 13/1) - Sell 4442 -89
if 4442 is traded on14/1 - Buy 4316 +126
if 4316 is traded on31/1 (**4342-4316= +16, note:15/1,31/1) - Sell 4536 +220
if 4536 is traded on27/2 (**4524-4216= +308, note 14/2,27/2) - Buy 4562 -26
if 4562 is traded on7/3 - Sell 4442 -120
if 4442 is traded on17/3 (**4442-4462= -20, note 14/3,17/3) - Buy 4398 +44
if 4398 is traded on28/3 - Sell 4376 -22
if 4376 is traded on4/4 - Buy 4146 +230
if 4146 is traded on25/4 (**4316-4146= +170, note 18/4,25/4) - Sell 4026 -120
if 4026 is traded on28/4 - Buy 3953 +73
if 3953 is traded on14/5 (read note 14/5) - Sell 3854 -99
if 3854 is traded on15/5 - Buy 3915 -61
if 3915 is traded on20/5 - Sell 3858 -57
if 3858 is traded on22/5 - Buy 3902 -44
if 3902 is traded on28/5 - Sell 3885 -17
if 3885 is traded on10/6 - Buy 3933 -48
if 3933 is traded on13/6 - Sell if 3969 is traded on 20/6
- Buy
- Sell
NOTES :
(** is indicating P&L after the rollover effect)
6/1: Last 2 trading days had prices below 4300, lowest 4280. New year will start with a good profit being carried forward from last year December.
13/1: 1st SAR is triggered. off low 4225 (9/1), giving up huge floating profit thanks to ZL jumped on Friday night that >10% in few days only from 40s to 45s
14/1: SAR#2@4442 is hit at 5pm+. It is 2nd SAR in just 2 days ! A losing trade.
15/1: Rollover@spread100 for easy remember, 4442mar>4342apr
31/1: SAR#3@4316 is hit though is not updated in advance. But, FCPO hit lower to 4258 when SAR is updated. In theory, 126pts profit, actual fact +16 due to rollover, hardwork of 2 weeks only get 16pts of gross profit for this round of trend is stressful for traders ! Off low 4106 turned buy 4316, can traders take it?
14/2: **Rollover AprMay@100 for SAR#3@4316 will be at 4216 is assumed to be taken for easy remember since SAR#4 sell signal is hard to be hit today. April high 4704 is adjusted to May high 4611, so the Long 4216 seeing high 4611 in theory that almost hit 400pts profit mark.
27/2: Open4524 below the SAR#4@4536 and thus the Selling prices with P&L looks different in theory vs actual as shown in the bracket. Keep the theory for easy record while actual prices should always be remembered so that can track down the real P&L whenever needed.
7/3: SAR#5@4562 is hit. Off low 4327 ! Loss is -38 instead of -26 based on actual price 4524 at opening 27/2. Painful trade !
14/3: Rollover MayJune@100 for SAR#5@4562 to 4462 at opening is easy to remember for computation of P&L if needed.
17/3: SAR#6@4442 is hit ! Due to Change of Month 100pts gap, We got a new SAR after 1 hour FCPO opening for trading in the AM session. Loss 120pts in theory (20pts due to rollover, NOT hit SAR yet in actual fact). Eye on new SAR trade signal after 6pm since it is based on theoretical prices.
28/3: SAR#7@4398 is hit. Gave up low 4230 from SAR#6@4442 Short was 200pts++ but only 44pts realised profit.
Q1 = 7 SARs = +420-89+126+220-26-120+44 = +575
4/4: SAR#8@4376 it hit @3/4night as T+1. SAR#7 Long reached 4544 high and tumbled to hit SAR#8 sell, a painful losing trade.
18/4: Rollover JuneJuly@60 for SAR#8@4376 to 4316 on 15/4. Late update.
25/4: SAR#9@4146 is hit after opening 1030am. Gave up huge floating profit from low 3863 to turn LONG. It real profit only 170pts instead of 230pts in theory.
28/4: SAR#10@4026 is hit after 1030am opened 4030. It is a painful day from SAR#9 to SAR#10 in just 1 trading day. Friday high 4150 and Monday open 4030 then flushed down to <4000!
14/5: SAR#11@3953 buy at opening (actual 3976) is a very painful trade after giving up so much off floating profit from low 3696 ! Over 250pts gave away !! 3976 gap opening even extra 23pts from 3953 theoretical price.
15/5: SAR#12@3854 is hit after 5pm. Assume: Rollover@10, SAR#12@3854 will be 3844 for FCPO August new contract month.
20/5: SAR#13@3915 was hit at night (T+1). 2nd losing trade in May.
22/5 SAR#14@3858 is hit at 1030am opening. 3rd losing trade.
28/5: SAR#15@3902 hit at PM session. 4th losing trade.
10/6: SAR#16@3885 sell at PM session after MPOB, 5th losing trade in a row.
13/6: SAR#17@3933 buy at AM session, News on Israel airstrike Iran. FCPO lowest 3810 after SAR#16@3885 short finally hit another loss. 6th losing trade.