20070824 1532. FKLI short at 1256 went a few points only in favour. Proper risk management will prevent a big loss for this failed trade. Losing is part of trading, one must be willing to lose to make money. Many stock players will not understand this principle, when trading leveraged instruments like futures contracts. However the afternoon brings the Reverse Trade, whereby one side of the breakout fails, we take the reverse breakout to the upside at 1261.5, which works out, at least to mitigate any losses on the first short trade. For those of you who still think Bursamalaysia is in Malaysia Boleh country, will go its own direction, compare the 5 min FKLI futures with the Hang Seng futures 5 min chart.