Friday, March 25, 2011

Long To Exit At 3262

Date of entry: 25 March 2011
Short FCPO For Short Term Trade
I shorted FCPO June 2011 future contract at 3248 for 1 contract. It broke down below the low of the candle stick reversal pattern; open high close low.
Date of exit: Same day
Long To Exit At 3262
I longed to close the position at 3262 with a loss of 15 points with 1 point commission included.

The Loss: RM375 (15points x RM25 x 1contract = RM375)

The balance of my account is RM23,525 after the loss of RM375.
(The details of my account is at My Future Trading Account Records 2011 )

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