Monday, October 10, 2011

Exit Short Position

Date of entry: 7 Oct 2011
Shorted FCPO
I shorted FCPO Dec 2011 future contract at 2777 for 1 contract. It is a breakdown from 2784. I hate to admit it, but the price is still below moving averages.

>Date of exit: 10 Oct 2011
Exit Short Position
I closed my short position at 2800 with a loss of 25 points with 2 points as commission.

The Loss: RM625 (25points x RM25 x 1contract = RM625)

The balance of my account is RM18,575 after the loss of RM625.
(The details of my account is at My Future Trading Account Records 2011 )

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