If 12 months is a life span of 100 year-old man, 9 months in this year is telling us that we have reach 3/4 of life span or we are 75 years "old" now.
The 9 months in FCPO this year is definitely making many feel like 75 years old !!! A history of self journey that worth to write it down for future reference.
Bursa Malaysia Derivatives experienced high volatility with historical high 7268 in the 3rd active contract month of FCPO had made many players going through many sleepless nights and hard to believe especially those "young shoots" not mature enough to stand the heat of volatile price swing and impact on their own financial limitations trading futures contracts that never happened before along the journey of their trading life.
- At 6pm close 31/12/2021@4705, FCPO started creating new higher high every single week continuously in 10 weeks in a row to start its bull-run for the beginning of year 2022.
- After reaching historical high 7268, FCPO had almost 3 months of wide and wild trading range between 7000 and 5500. Then, we saw a flush of 2000 points in 10 trading days in June from 6500 to 4500.
- FCPO remains its wild and wide trading range between 4500 and 3500 until end of September.
Looking at the above 3 important intervals, it is like a life journey of 75 years old man!
- First 25 years, we are growing up,
- Second 25 years we are facing the real working life,
- Third 25 years we mature and settle down !
- What will be the Fourth 25 years then? Let's wait and see !
FCPO 3rd Active Contract Month
Calculate its historical profit and loss every year, every month.
Find its Multiple Losing Trades and Maximum Drawdown.
Put your stop loss, let the profit run (until next SAR or based on your limit!)
More will be updated here once we reach 100! Cheers!