Friday, September 9, 2011

Short To Close On Opening Bell

Date of entry: 8 Sept 2011
Wow! Reversed To Short FCPO
I reversed to short FCPO Nov 2011 Future Contract at 3028 for 2 contracts. The bearish candle stick could be a weakness of the market.

Date of exit: 9 Sept 2011
Short To Close On Opening Bell
I shorted to close at 3046 on opening bell with a loss of 20 points for each contract (2 points added for commissions). It is obvious the market is in side way mode.

The Loss: RM1000 (20points x RM25 x 2contracts = RM1000)

The balance of my account is RM19,900 after the loss of RM1000.
(The details of my account is at My Future Trading Account Records 2011 )


  1. Hi Abel,
    I read through your post since last year, but i respect you. You continue stick with your trading strategy without fear and panic. I respect you, i know that not many people will stay cool like you even you success and failed occasionally.

  2. Hi,
    Thank you.
    Trading and blogging needs discipline. I am trying to discipline myself to do them right rain or shine. It is hard though but persistence is the only way to success.

    Thanks again