Thursday, November 13, 2008

Build up Short on future index

Today, i was built up some future contract for my friend. Morning sell at 867 points for November contract and evening sell at 874 points. Expected take profit at 830 points.

This is a dangerous game and more cruelty than equity market because it only can hold until month end.

In order to sell or buy every contract, there is require a deposit of RM5,000 per contract. A difference of every point cost RM50.00.

I wish i can help my friend earn some money.

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