Friday, June 21, 2013

Cut Loss At Lower Price - Tried Too Out Smart!

Date of exit : 21 June 2013
Title : Cut Loss At Lower Price - Tried Too Out Smart! 
I finally cut my loss at 2425 with a loss of 36 points (2 points added for commission). I know I should have done it at the opening price 2438 but I was trying out smart the market. This is the price I am paying.

The Loss : RM900 (36points x RM25 xx 1contract = RM900) 

The balance is now RM 25,425 (RM 26,325 - RM 900 = RM 25,425)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 17 June 2013
Title : Entered New Long Position
I reversed my position and long Sept 2013 Future Contract at 2459 for 1 contract. 

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