Thursday, February 4, 2010

Right Trade But Bad Loss: Short and Close CPO

Date: 4 Feb 2010
I shorted at 2477 2 contracts and closed in less than one hour at 2512 (hit my stop loss) with a loss of 36 points. This is the right trade but bad loss. I follow my trade rules so I have nothing to say. I lost RM 1,800!!

The balance of my account is RM 28,775 after the loss of RM 1,800 (Loss:36points x 2 contracts x RM25 = RM 1,800).
(The details of my account is at My Future Trading Account Records 2010 )

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