Wednesday, May 11, 2011

Exit On 10 Points Target

Date of entry: 10 May 2011
Long FKLI May 2011 Future Contract Too
I longed FKLI May 2011 Future contract at 1522.5 for 2 contracts. It is also a break up from moving average high.

Date of exit: 11 May 2011
Exit On 10 Points Target
The price hit my target of 1533.5 for the gain of 10 points after deducting 1 point for commission. There is no strong reason to sell accept that I want to feel the profit. This is important for me specially after experiencing string of losses.

The Profit: RM1,000 (10points x RM50 x 2contracts = RM1,000)

The balance of my account is RM13,700 after the profit of RM1,000.
(The details of my account is at My Future Trading Account Records 2011 )

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