Monday, November 11, 2013

What! I Am Stopped Out

Date of exit : Same Day
Title : What! I Am Stopped Out
I could not believe my eye. My long position was stopped out at 2526 with a loss of 24 points (1 point for commission) towards the last 5 minutes of the trade. Placing Stop Loss is a MUST in trading despite  wild swing could occur. What to do! 

The Los : RM600 (24points x RM25 x 1contract = RM600) 

The balance is now RM 22,550 (RM 23,150 - RM 600 = RM 22,550)
(The details of my account is at My Future Trading Account Records 2012 )

Date of entry : 11 Nov 2013
Title : Long CPO 
I initiated long position for CPO Jan 2014 Future Contract at 2549 for 1 contract; potential rebound.

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