Wednesday, May 18, 2011

Stop Loss Triggered With 7 Points Loss


Date of entry: 18 May 2011
Long FKLI For Potential Up Trend
I longed FKLI May 2011 Future Contract at 1540.5 for 2 contracts. It is a break up from recent 'down line'.

Date of exit: Same Day
Stop Loss Triggered With 7 Points Loss
My stop loss was hit at 1534.5 with a loss of 7 points including 1 point for commission. The trade was done at 15:45.

The Loss: RM700 (7points x RM50 x 2contract = RM700)


The balance of my account is RM13,000 after the loss of RM700.
(The details of my account is at My Future Trading Account Records 2011 )

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