Monday, September 5, 2011

Stop Loss Triggered At 3043

Date of entry: 2 Sept 2011
Long FCPO At Sky Price
You know what! I longed FCPO Nov 2011 Future Contract at the open; 3069 which turned out to be a Sky Price. FCPO is bullish; staying broke above moving averages.

Date of exit1: 2 Sept 2011
Short To Close Half Of My Position
I shorted to close 1 contract at 3057 before the market was closed with loss of 13 points (1 point commission was added).

The Loss: RM325 (13points x RM25 x 1contract = RM325)

Date of exit: 5 Sept 2011
Stop Loss Triggered At 3043
My stop loss was triggered at 3043 with a loss of 28 points including 2 points commissions.

The Loss: RM700 (28points x RM25 x 1contract = RM700)
The Total Loss: RM325 + RM700 = RM1025

The balance of my account is RM21,500 after the loss of RM1025
(The details of my account is at My Future Trading Account Records 2011 )

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