Monday, February 22, 2010
Latest Move
I just tightened my stop loss in NEP from $8.50 to $9.50 and in the process reduced my risk by $300.00 (($9.50 - $8.50) x 300 shares). I am getting really queezy about this market as recent action is indicating a pullback soon. The extent of this pullback, I do not know. What I do know is that I can control how much I am risking and I want to protect my account. So whatever the market does from here on in I know that I will live to trade another day!
Subscribe to:
Post Comments (Atom)
-
I was stopped out of CNAM this morning for a profit of roughly $480.00 after commissions. My stop was a little tight but I do not mind being...
-
BIG PICTURE: Still in an up trend. Still long biased! MY BEST IDEAS: $RKT: Recent IPO. After an initial 2 day pop, it pulled back for four...
No comments:
Post a Comment