Thursday, August 26, 2010

Stop Loss Hit Again - FKLI

Date of entry: 25 Aug 2010
Reversed To Short FKLI
I reversed my position immediately the moment I was stopped out to short 2 contract FKLI Aug 2010 future contract at 1391. It rebounded right after that. I will put tight stop loss. FKLI is now at below moving average now.

Date of exit: 26 Aug 2010
Stop Loss Hit Again - FKLI
My position was stopped out again at 1404 with loss of 14 points for each contract.The market looked strong for now

The balance of my account is RM 25,000 after the loss of RM 1400 (14points x 2contracts x RM50 = RM1400) (The details of my account is at My Future Trading Account Records 2010 )

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