Monday, June 25, 2012

Stop Loss Hit 3022 (DAY LOW!)

Date of exit : Same Day
Stop Loss Hit 3022 (DAY LOW!)
My position was stopped out at 3022 which turned out to be the day low! What a trade.

The Loss: RM425 (17points x RM25 x 1contract = RM425)

(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 25 June 2012
I longed CPO Sept 2012 Future Contract at 3038 for one contract. It opened with a up gap indicating that the market is still bullish. It is a difficult call trust me, as the market was gaped up by 84 points at the time of buying.

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