Tuesday, September 27, 2011

OK Long Position Closed

Date of entry: 27 Sept 2011
Long At The Open For Short Term Bound - If Any
I longed at the open at 2935 for 1 contract. I am against the trend so it will be a day trade only unless it could continue the bound. I do not usually do that but I did some back testing and it works fine. So I trade this method for real to see if it works.

Date of exit: Same Day
OK Long Position Closed
I shorted to close my position at 2904 with a loss of 32 points. The bearish candle shows the market is not strong enough. Getting out seems be the idea way since I am against the trend.

The Loss: RM800 (32points x RM25 x 1contract = RM800)

The balance of my account is RM19,525 after the loss of RM800.
(The details of my account is at My Future Trading Account Records 2011 )

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