Tuesday, February 19, 2013

Exited FKLI - Cut Loss

Date of exit : 19 Feb 2013 
Title : Exited FKLI - Cut Loss 
I shorted to exit my long position at 1611 with a loss of 18.5 points. FKLI is obvious still in sideways mode. Exit wait and see. 

The Loss : RM925 (18.5points x RM50 x 1contract = RM925) 

The balance is now RM 15,750 (RM16,675 - RM925 = RM 15750) 
  (The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 14 Feb 2013
Tittle : Long FKLI
I longed FKLI at 1628.5 for 1 contract. There is a high potential that FKLI would rebound.
The high of MACD is getting higher. This could mean that the weakness is temporary ending.

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