Friday, June 4, 2010

A New Start: Long FKLI At The Open

Date of entry: 3 June 2010
Should I say, a new month with a new start? I longed FKLI at the open at the price of 1290.5 (one contract only for the time being).
It is a 'double break up'. The market looks strong. My stop loss will be very tight to protect my money.
Wish me luck

Date of exit: 4 June 2010
My stop loss was hit at 1293 making 1.5 points profit after deducting 1 point for commission. It looks like my stop loss was a bit too tight. Well, this is trading.
I will reenter the market if it continue going up.

The balance of my account is RM 20,675 after the profit of RM 75 (1.5points x RM50 = RM 75) (The details of my account is at My Future Trading Account Records 2010 )