Tuesday, November 1, 2011

Exited My Trade At 2936 With Loss Again

Date of entry: 1 Nov 2011
Long Jan 2011 FCPO At The Open
I longed FCPO Jan 2012 Future Contract at 2956 for 1 contract. The price has corrected well from the high. There is a high chance that the market could go up. My stop loss is always in place just in case.

Date of exit: Same Day
Exited My Trade At 2936 With Loss Again
I exited the trade at 2936 with a loss of 21 points (1 point for commission). The price did not continue the up swing this morning. I am kind of use to it.

The Loss: RM525 (21points x RM25 x 1contract = RM525)

The balance of my account is RM15,575 after the loss of RM525.
(The details of my account is at My Future Trading Account Records 2011 )

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