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Besides, due to our impatience we also go for a long trade when futures contracts at alow price and the price did not increase as we expected. In fact, it keeps decreasing and it ishard to back it up because the price dropped way too far from our targeted price and couldnot recover it and we closed it as our last resort. Therefore, after studying based on the chartthrough technical analysis and understanding the fundamental analysis of the company, thenwe are starting to get some confidence and be able decide which future contracts that weshould or should not trade. Furthermore, as stated above we have 25 futures contracts after combining fromeach group member but, we choose our best top 3 contracts that we generate moresignificant profits during the very last moment of the trading game session. The bestcontracts that we have selected are FCPO Jun 2021, FCPO July 2021 and FCPO August2021. From our perspective, we manage to develop more profit from these contracts as wesuccessfully analyze through technical and fundamental analysis. We got several pieces of information that moderately help us in making decisions totrade those contracts that we go for and as a result we generate higher profit from it. All inall, in real contract trading, an investor requires long-term expertise to begin trading andspeculating to reduce the chance of losing money on any contract. Future investments are
high-risk since the price movement is highly sensitive to changes in the economy. As aresult, education is essential so that the investor can assess risk and optimize profit.7.0 STRENGTH AND WEAKNESSES OF TRADING STRATEGIESSince this is our first experience in trading futures contracts in the BursaMarketplace, we faced several challenges during this trading session. The challenge we arefacing is when to identify which position, we should choose to trade either long or short. Inorder to generate profit, it is necessary to have a willingness to take a risky trading strategyas every investment has its own level of risk. Technical, fundamental and strategies are alsoimportant things to know or learn before deciding to trade in any future position as thepattern of data is unforeseeable even in a day.7.1 STRENGTHFor this trading game, we briefly stated the strengths we had in completing thistrading session as well as finishing this report. We conduct a discussion among the groupmembers through the possible application that eases our process throughout this tradinggame. We do a Google Meet and WhatsApp discussion, during the time we select to havethe discussion, everyone is committed and gives their whole cooperation. Furthermore,we manage to get profit from the research that has been done about these contracts as wellas information gained from technical analysis and fundamental analysis.