Wednesday, February 23, 2011

Stop Loss Hit - FKLI

Date of entry: 22 Feb 2011
Reversed To Short FKLI Now
I placed a short order and was filled at 1506 for 4 contracts. It looks like touch trade is ahead of me. This is not a very convincing trade for me honestly. I will place relevant stop loss just in case market gives me surprises again.

Date of exit: 23 Feb 2011
Stop Loss Hit - FKLI
My position was stopped out at 1516.5 with a loss of 11.5 points (1 point for commission).

The Loss: RM2,300 (11.5points x RM50 x 4contracts = RM2,300)

The balance of my account is RM17,400 after the loss of RM2,300.
(The details of my account is at My Future Trading Account Records 2011 )

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