Date of entry: 26 Oct 2010
I am In: Long FKLI
I entered long position of FKLI Oct 2010 future contract at 1497.50 for 2 contracts. It is a breakup.
Date of exit: 27 Oct 2010
Stop Loss Hit. 1500 Seemed Stuborn
I was stopped out again with the price of 1497.50 (my entry price) and lost 1 point commission for each contract.
The balance of my account is RM 29,775 after the loss of RM 100 (1point x RM50 x2contracts = RM100)
(The details of my account is at My Future Trading Account Records 2010 )
happens all the time when it breaks up and then a pullback to where it started.. sometimes, it just zoom up ahead...anyway to differentiate which scenario will likely to happen?
ReplyDeletelengchai6
No one could differentiate, just put yr. tight stop.
ReplyDeleteMuhaidin
Hi,
ReplyDeleteThere I am. My position was stopped out again. What can I say? It seems sideway market ahead.
Abel