Friday, July 8, 2011
Stop Loss Hit
Date of entry: 8 July 2011
Long FCPO On Opening Bell
I longed FCPO Sept 2011 Future Contract at 3100 on opening bell. It is a break up I have been waiting for. Looking at the current price of 3090, the market is not strong enough.
Date of exit: Same Day
Stop Loss Hit
My stop loss was hit at 3081 with a loss of 20 points (1 point for commission). This could mean that the current upside is not strong enough.
The Loss: RM500 (20points x RM25 x 1contract = RM500)
The balance of my account is RM24,625 after the loss of RM500.
(The details of my account is at My Future Trading Account Records 2011 )
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Abel me(wilson),i also still waiting the good price to long more(mayb today or monday bcos fcpo report),bcos i still hold the 6contract,today the fcpo deposite is drow at 5250.
ReplyDeleteHi Wilson,
ReplyDeleteI am surprised that the deposit is down. The market is at the bullish unless it breaks down again.
Abel
Abel me(wilson),mayb u r right.i think.....i want to close it
ReplyDeleteHi Wilson,
ReplyDeleteIt is hard to say. The market could go either way.
Abel
close oct 3083x6 done win rm3900
ReplyDeleteCongratulation!
ReplyDelete