Wednesday, December 12, 2007


The worst thing about this trade is that I thought I was being "careful." But man, it sums up my day.

I bought around $49 when it showed increasing volume and then I bought 100 more when it broke the OR around $49.30. I sold some up near the top, but then added more when it came back down to my original entry.

This time, the $49 level didn't hold and it broke through and stopped me out of my full position at $48.75.

So, I turned a winner into a loser. Very frustrating.

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