Wednesday, January 12, 2011

Short To Exit FKLI

Date of entry: 11 Jan 2011
Reversed To Long FKLI
I reversed my position to long FKLI Jan 2011 future contract at 1566.5 for 3 contracts. This is my usual long decision. I don't have to tell you the feeling of the previous wild swing. It sucks!

Date of exit: 12 Jan 2011
Short To Exit FKLI
I shorted to exit the trade at 1569 with 1.5 points gain for each contract only. The shooting star indicating that the bull is not strong enough to continue. I will reenter later if the market continue the upside.

The Little Profit: RM225 (1.5points x RM50 x 3contracts = RM225)

The balance of my account is RM16,625 after the profit of RM225.
(The details of my account is at My Future Trading Account Records 2011 )

1 comment:

  1. Hi Abel,
    Our strategy is more useful for trend trading. Anyway, i believe you are brave trader and dare to face your failures.