Friday, July 1, 2011

FCPO Long To Take Profit


Date of entry: 30 June 2011
Short FCPO - Broken Down
I shorted FCPO Sept 2011 Future Contract at 3106 for 1 contract. It touched moving averages and failed to break above. With bearish daily trend, there is chance for the down side.

Date of exit: 1 July 2011
FCPO Long To Take Profit
I longed to take profit at 3034 for 70 points gain after deducting 2 points for commissions. Confirming the profit is the only reason I close the trade before the weekend.

The Profit: RM1750 (70points x RM25 x 1contract = RM1750)


The balance of my account is RM25,125 after the profit of RM1750.
(The details of my account is at My Future Trading Account Records 2011 )

39 comments:

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