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 )

11 comments:

  1. same like me...i short at 1493


    keepitreal

    ReplyDelete
  2. Hi Keepitreal,

    Nice to know that. You have a better price than me.


    Abel

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  3. Beware ! FKLI reversed to Long at 1496 ,will continue up up up again.
    this is my 1 cent opinion only.

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  4. hi ,
    FKLI 1496 lai lor, will be up up up leh

    beware

    ReplyDelete
  5. i hope u not get out yet

    keepitreal

    ReplyDelete
  6. Hi Keepitreal,

    Yes, I am still holding on. It is a tough one.

    Abel

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  7. Hi Abel, we same boat now, this afternoon i short fkli at 1485 :)

    -华仔

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  8. Abel, I think today I will be stop out.. 衰.

    ReplyDelete
  9. Hi 华仔,
    I totally understand your feeling. This is part of trading we have to go through.

    Abel

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  10. Abel,谢谢。我止损了,1502,衰.

    ReplyDelete