Thursday, October 13, 2011

Exited Long Position

Date of entry: 12 Oct 2011
Late Report - Long FCPO On Opening Bell
I longed this morning FCPO Dec 2011 Future Contract at 2854 on opening bell. I trade based on break out, this is one of the major breakup and I have to be in even if I feel the price is a bit too high.

Date of exit: 13 Oct 2011
Exited Long Position
My stop loss was hit at 2836 with a loss of 20 points with 2 points commission added.

The Loss: RM500 (20points x RM25 x 1contract = RM500

The balance of my account is RM17,225 after the loss of RM500.
(The details of my account is at My Future Trading Account Records 2011 )

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