Tuesday, November 23, 2010

FKLI - Stopped Out

Date of entry: 19 Nov 2010
FKLI - Long On Opening Bell
I longed FKLI Nov 2010 this morning when market started at 1500.5 for 2 contracts. The mixed feeling really sucks. I am following my trading method and this is what I supposed to do.

Date of exit: 23 Nov 2010
FKLI - Stopped Out
My position was stopped out at 1499 with a loss of 2.5 points for each contract. The price did not continue the upside. It means that the market is not strong enough to push the price higher. Running away seems to be a good solution for now.

The balance of my account is RM 35,450 after the loss of RM 250 (2.5points x RM50 x 2contracts = RM 250)
(The details of my account is at My Future Trading Account Records 2010 )