Monday, July 19, 2010

Short FKLI At The Open

Date of entry: 19 July 2010
Short FKLI At The Open
I shorted FKLI at 1333 with 2 contracts this morning the opening price. The price opened with a gap down and broke below recent low (refer to the blue line). I am not comfortable with this trade honestly as I have not been trading FKLI. I just do according to my system.

Date of exit: Same Day
Long To Close At 1340
The price hit my stop loss at 1340 lossing 8 points including 1 point for commission.

The balance of my account is RM 18,925 after the loss of RM 800 (8points x 2contracts x RM50 = RM800) (The details of my account is at My Future Trading Account Records 2010 )

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