Tuesday, February 22, 2011

I Am Out Again


Date of entry: 21 Feb 2011
Reenter Long Position - FKLI
I entered the long position of FKLI Feb 2011 future contract for 4 contracts at 1522.5.

Reason To Long 1) Break up recent high
Reason To Long 2) FKLI now above both 2 moving averages high

The Concern: FKLI is still below daily moving averages.


Date of exit: 22 Feb 2011
I Am Out Again
FKLI reached my target this morning at 1513 with a loss of 10.5 points including 1 point for commission.

The Loss: RM2,100 (10.5points x RM50 x 4contracts = RM2,100)

The balance of my account is RM19,700 after the loss of RM2,100.
(The details of my account is at My Future Trading Account Records 2011 )
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5 comments:

  1. David LeeFebruary 22, 2011 at 11:59 AM

    recently market having big fluctuation, i did not invest since last month 11th January

    ReplyDelete
  2. AbelFebruary 22, 2011 at 12:49 PM

    Hi David Lee,
    I happy to know that.

    Abel

    ReplyDelete
  3. David LeeFebruary 23, 2011 at 2:30 PM

    Hi Abel, do u mind to have your email to ask you something about futures?

    ReplyDelete
  4. AbelFebruary 23, 2011 at 2:35 PM

    OK David Lee,
    You could reach me at bullsa@ymail.com

    Regards
    Abel

    ReplyDelete
  5. David LeeFebruary 24, 2011 at 8:42 AM

    Thanks a lot.

    ReplyDelete

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