Friday, April 8, 2011

FCPO Stop Loss Hit At 3356

Date of entry: 7 April 2011
Short FCPO On Break Down
I shorted FCPO June 2011 Future Contract for 1 contract.
Reason To Short 1) Price broke below 2 hourly chart reason low and moving average low
Reason To Short 2) Price touched moving average low and reversed downwards

Date of exit: 8 April 2011
FCPO Stop Loss Hit At 3356
My stop loss was hit at 3356 with a loss of 26 points.

The Loss: RM650 (26points x RN25 x 1contract = RM650)

The balance of my account is RM23,150 after the loss of RM650.
(The details of my account is at My Future Trading Account Records 2011 )

No comments:

Post a Comment