Tuesday, March 29, 2011

Exit FCPO Short Position

Date of entry: 29 March 2011
Short FCPO At The Open
I shorted FCPO June Future Contract at 3239 at the open for 1 contract. It is a break down and a gap. It is still below moving averages.

Date of exit: Same Day
Exit FCPO Short Position
I longed to close at 3255 with a loss of 17 points with 1 point for commission.

The Loss: RM425 (17points x RM25 x 1contract = RM425)

The balance of my account is RM23,100 after the loss of RM425.
(The details of my account is at My Future Trading Account Records 2011 )


  1. Hi, I saw you in & out, very brave, good
    just keep it up.! You were quit right in term of direction. but small whipsaw would wipe you out..

    Happy trading !

  2. Thank you Najib.

    Happy Trading To You Too,