Tuesday, August 3, 2010

Stopped Out At 1364.50

Date of entry: 2 Aug 2010
Long FKLI On Opening Bell
I longed FKLI Aug Future Contract at the opening price 1364 for 2 contract. It is a gap up (10 points) indicating bullishness in the market.

Date of exit: 3 Aug 2010
Stopped Out At 1364.50
The price hit my stop loss at 1364.50 with a loss of 0.5 points of each contract. It looks like the market would take a breather for now.

The balance of my account is RM 19,725 after the loss of RM 50 (0.5points x 2contracts x RM50 = RM50) (The details of my account is at My Future Trading Account Records 2010 )


  1. I think you use 4HR chart. Anyway thats good. I use to use it too.

  2. Hi Zarudin,

    Actually 4 hourly chart is as good as 2 hourly. I used to 2 hourly chart.

    Thank you.