Thursday, November 18, 2010
FKLI - Stopped Out At 1495
Date of entry: 15 Nov 2010
FKLI - Reenter Short Position
I reentered short position for FKLI Nov 2010 future contract at 1487.5 for 2 contracts.
Date of exit: 18 Nov 2010
FKLI - Stopped Out At 1485
My position was stopped out at 1495 with a loss of 8.5 points for each contract (1 point commission is included).It is obvious that the market is resting after the recent plunge. I am out now and waiting for the next opportunity.
The balance of my account is RM 35,700 after the loss of RM 850 (8.5points x RM50 x 2contracts = RM 850)
(The details of my account is at My Future Trading Account Records 2010 )