Monday, January 9, 2012

Stop Loss Reached At 3190

Date of entry: 6 Jan 2012
Late Report - Reverse Long At 3215
I reversed to long FCPO March 2012 when the price hit the high of 3215 for one contract. With Bean Oil Future down on Friday, my position will suffered. I guess this is trading.

Date of exit: 9 Jan 2012
Stop Loss Reached At 3190
The stop loss was hit at 3190 with a loss of 27 points (2 points added for commissions).
The Stop Loss had to be placed even it might seemed wrong sometimes; 'touch and go'.

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

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