Wednesday, December 7, 2011
Short To Exit FKLI
Date of entry: 6 Dec 2011
Long FKLI Dec 2011 - Potential Rebound
I longed FKLI Dec 2011 Future Contract at 1481.50 for a potential rebound since it hit the moving averages.
I stopped trading FKLI since June 2011 and I thought it is time to start trading one. Wish Me Luck.
Date of exit: 7 Dec 2011
Short To Exit FKLI
I shorted to close my position at 1486.50 with 4 points gain (1 point deducted for commission). The index failed to break up and stayed well below moving averages. (Chart will be provided later).
The Profit: RM200 (4points x RM50 x 1 contract = RM200)
The balance of my account is RM13,400 after the profit of RM200.
(The details of my account is at My Future Trading Account Records 2011 )
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