Thursday, February 24, 2011

Long To Lock The Profit

Date of entry: 24 Feb 2011
Short FCPO - A Further Broke Down
I shorted FCPO May Future Contract at 3495 for 1 contract. It is a further sell down and broke yesterday low.

Date of exit: Same Day
Long To Lock The Profit
I longed to close the position at 3437 with 57 points gain (1 point for commission).

The Profit: RM1,425 (57points x RM25 x 1contract = RM1,425)

The balance of my account is RM18,975 after the profit of RM1,425.
(The details of my account is at My Future Trading Account Records 2011 )

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