Friday, January 21, 2011

Exit FKLI On 10 Points Profit Target


Date of entry: 19 Jan 2011
Short FKLI For Breaking Down
I shorted FKLI Jan 2011 Future Contract at 1566 for 3 contracts. It is a break down and the price is now below moving averages.

Date of exit: 21 Jan 2011
Exit FKLI On 10 Points Profit Target
I longed to exit FKLI at 1555 for 10 points gain (my target price) with the reason being 1555 seemed to be like a temporary support. At the time writing this blog, the price might continue the downward spiral to test 1550.

The Profit: RM1,500 (10points x RM50 x 3contracts = RM1,500)


The balance of my account is RM18,125 after the profit of RM1,500.
(The details of my account is at My Future Trading Account Records 2011 )

2 comments:

  1. nice blog...do visit www.futuresforbetterfuture.blogspot.com if free yea..can share opinions

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