Tuesday, May 10, 2011

Short To Close FCPO


Date of entry: 10 May 2011
Long FCPO July 2011 Future Contract
I longed FCPO May 2011 future contract at 3259 for 1 contract. It is a break up of moving average high.

Date of exit: Same Day
Short To Close FCPO
I shorted to exit the trade at 3255 with a loss of 5 points with 1 point for commission.

The Loss: RM125 (5points x RM25 x 1contract = RM125)

The balance of my account is RM22,825 after the loss of RM125.
(The details of my account is at My Future Trading Account Records 2011 )
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2 comments:

  1. AnonymousMay 10, 2011 at 9:47 PM

    Hi Abel, your entry timing seems a bit slow.. easily being washout by slight pullback.
    by the way, how much is yr. stoploss point ?

    继续努力加油啊，

    Samy

    ReplyDelete
  2. AbelMay 11, 2011 at 11:52 AM

    Hi Samy,

    Thank you for your comment.
    I normally use the last two bar high or low and given 2 to 4 pips as my stop loss.


    Thanks & Regards,

    Abel

    ReplyDelete

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