Thursday, October 14, 2010

FKLI - Final Exit Long Position

Date of entry: 13 Oct 2010
FKLI - Long At The Open
I longed FKLI Oct 2010 future contract at 1486.5 on the opening bell. The price still stays well above moving averages indicating the bullishness of the market.

Date of exit1: 14 Sept 2010
FKLI - Exit Half Of My Long Position
I exited 1 contract at the price of 1497.5 making 10 points profit after deducting 1 point for commission at around 10:45am.

Date of exit2: 14 Sept 2010
FKLI - Final Exit Long Position
My stop loss was reached at 1490.5 with a little profit of 3 points after deducting 1 point for commission. This is not what I expected, any how, the rule is the rule.

The balance of my account is RM 30,525 after the profit of RM 650 (10points x RM50 x1contract = RM500) (3points x RM50 x1contract = RM150)
(The details of my account is at My Future Trading Account Records 2010 )

1 comment:

  1. good call... sma 24 seems to be magic least for now...