Thursday, December 8, 2011

FKLI Failed To Drop Further - Exit Short

Date of entry: 8 Dec 2011
Short FKLI On 2nd Time Broke Down Previous Low
I shorted FKLI Dec 2011 Future Contract at 1472 on second time broke the support (the previous low of 1473.50). The index stays well below moving averages.

Date of exit: Same Day
FKLI Failed To Drop Further - Exit Short
I longed to close the position at 1470.5 with 0.5 point gain (RM25). The future index did not fall further. I closed the position and wait for the next opportunity.

The balance of my account is RM13,425 after the profit of RM25.
(The details of my account is at My Future Trading Account Records 2011 )

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