Wednesday, October 20, 2010

Stop Out Again, Please Not Again!!


Date of entry: 20 Oct 2010
Reversed To Short FKLI
I reversed my position to short FKLI Oct 2010 future contract at 1480 for 2 contracts right after I cut my long position. It is hard to do. But the price is now below moving averages.

Date of exit: Same Day
Stop Out Again, Please Not Again!!
My stop loss was hit again at 1491 with a loss of 12 points for each contract adding 1 point for commission. The feeling of losing sucks


The balance of my account is RM 30,175 after the loss of RM 1200 (12points x RM50 x2contracts = RM1200)
(The details of my account is at My Future Trading Account Records 2010 )

2 comments:

  1. one heck of a market today for FKLI...

    lengchai6

    ReplyDelete
  2. Yes LengChai6,

    Tough day. This is trading.

    Abel

    ReplyDelete