Friday, September 9, 2011

Stopped Out At 3035

Date of entry: 9 Sept 2011
Long FCPO At 3059
I longed FCPO Nov 2011 Future Contract at 3059 for 2 contracts on afternoon opening session. A break above morning's high of 3052 might turn out to be a rally. I placed stop loss near.

Date of exit: Same Day
Stopped Out At 3035
My stop loss was reached at 3035 with a loss of 25 points for each contract (1 point commission included). OK, I had enough.

The Loss: RM1250 (25points x RM25 x 2contracts = RM1250)

The balance of my account is RM18,650 after the loss of RM1250.
(The details of my account is at My Future Trading Account Records 2011 )

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