Tuesday, April 12, 2011

Exit FCPO Short Position With A Loss

Date of entry: 12 April 2011
Short FCPO At The Open - Gap Down
I shorted FCPO June 2011 Future Contract at 3357 for 1 contract. It is a gap down.

Date of exit: Same Day
Exit FCPO Short Position With A Loss
I longed to close position with a loss of 27 points added 1 point for commission since the price did not continue the downside.

The Loss: RM675 (27points x RM25 x 1contract = RM675)

The balance of my account is RM23,950 after the loss of RM675.
(The details of my account is at My Future Trading Account Records 2011 )

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