Monday, October 3, 2011

My Position Was Stop Out At 2850

Date of entry: 30 Sept 2011
Turned Short FCPO
I reversed to short FCPO Dec 2011 Future Contract at 2900 for 1 contract. I was nervous when it was about to reach my stop loss and reverse to short. Tough game.

Date of exit: 3 Oct 2011
My Position Was Stop Out At 2850
My position was stopped out at 2850 with a profit of 48 points with 2 points for commissions. I honestly feel that the market is still bearish. But I have to stick to my original plan to exit when the stop is hit. This is trading.

The Profit: RM1200 (48points x RM25 x 1contract = RM1200)

The balance of my account is RM20,750 after the profit of RM1200.
(The details of my account is at My Future Trading Account Records 2011 )

No comments:

Post a Comment