Thursday, February 24, 2011

Stop Loss Triggered At 1502

Date of entry: 23 Feb 2011
Reversed To Long FKLI Now
I reversed to long FKLI Feb 2011 future contract at 1516.5 for 3 contracts now.

Reason To Long 1) Usual Broke up
Reason To Long 2) FKLI is now above moving averages

The Concern: FKLI is still below daily moving averages.

Date of exit: 24 Feb 2011
Stop Loss Triggered At 1502
My stop loss was triggered again at 1502 with a loss of 15.5 points for each contract including 1 point for commission. I really feel like crying after this trade.

The Loss: RM2,325 (15.5points x RM50 x 3contracts = RM2,325)

The balance of my account is RM15,075 after the loss of RM2,325.
(The details of my account is at My Future Trading Account Records 2011 )

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