Tuesday, October 4, 2011

Wow! Position Stopped Out

Date of entry: 4 Oct 2011
Long FCPO For Short Term Bound
I longed FCPO Future Contract at the open: 2863 for 1 contract. This is a nervous trade since I am against the trend. At the time of writing this blog, the price is 2835! You can imaging the tension I am in.

Date of exit: Same Day
Wow! Position Stopped Out
Hello, my position was stopped out at 2823 with a loss of 41 points with 1 point commission included. I know I am against the trend, this is the result.

The Loss: RM1025 (41points x RM25 x 1contract = RM1025)

The balance of my account is RM19,725 after the loss of RM1025.
(The details of my account is at My Future Trading Account Records 2011 )

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