Date of entry: 13 Sept 2010
Do You Dare? I Reenter To Long FKLI Again
The price continued so I had no choice but to reenter my long position at 1461.50 for 2 contract of Sept 2010 Future Contract.
Date of exit: 14 Sept 2010
Short to Close FKLI Long Position
I closed my long position at 1473 with a gain of 10.5 points for each contract after deducting 1 point commission. This is not my usual method to exit; I am using violation method. Since it has been up and hit almost 40 points higher from last week closed price, I exited the trade. 10.5 point profit is good enough for me
The balance of my account is RM 26,100 after the profit of RM (10.5points x RM50 x2contracts = RM1050) (The details of my account is at My Future Trading Account Records 2010 )
have tried looking into being a local as i noticed bulk of your in/out goes to broker fee..
ReplyDeleteHi,
ReplyDeleteYou are right. I enter and exit too often. My usual trading method does not enter and exit that frequently. As I entered late (in the middle of the up trend), I have to exit early too.
Thank you for your comment,
Abel
this bull run has legs? look at indonesia - fm 600 plus up to 3K while we ran fm 600 to not even 1500, wonder who were buying the indon stocks all this times...mainland chinese? korean went fm 500 to 2K... we are laggards by comparison..
ReplyDeleteHi,
ReplyDeleteBursa Malaysia has been left behind since 1998 when our former PM practiced capital control. We have been 'ignored' by international players. Given a chance, I would not invest in Malaysia too.
Regards,
Abel