Short To Cut Loss At The Open - FKLI

Date of entry: 1 March 2011
Long FKLI March 2011 - Not A Comfortable Trade
I longed FKLI March 2011 future contract at 1495.5 for 3 contracts. It broke moving average low (blue green line) but still below moving average high (the pink line). I am not really comfortable with this trade as I am kind of against the trend (down trend). My stop loss is placed just in case the price goes against my position.

Date of exit: Feb 2011
Short To Cut Loss At The Open - FKLI
I shorted to close my position at the open at the price of 1487.5 with a loss of 9 points for each contract.

The Loss: RM1,350 (9points x RM50 x 3contract = RM1,350)

The balance of my account is RM15,750 after the loss of RM1,350.
(The details of my account is at My Future Trading Account Records 2011 )