Wednesday, October 19, 2011

Close Short Position On Opening Bell

Date of entry: 18 Oct 2011
late Report - I Shorted FCPO Jan 2012 Earlier
I placed short position of FCPO Jan 2011 earlier at 2826 and I was filled. The price bounded back right after I shorted. The price is below moving averages and broken morning's low. I honestly feel nervous as it rebounded right after I shorted.

Date of exit: 19 Oct 2011
Close Short Position On Opening Bell
I longed to closed the position at 2855 with a loss of 31 points (RM775). It is a gap up which could mean a continuation of the up trend.

The Loss: RM775 (31points x RM25 x 1contract = RM775)

The balance of my account is RM16,900 after the loss of RM775.
(The details of my account is at My Future Trading Account Records 2011 )

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