3rd March 2011 – Another stop loss triggered SPMD

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	7.60			7.60		2 weeks

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

1. Stop loss triggered.

 

Lesson Learnt:

 

1. Stop loss saves life. Obey it… obey it.
2. I could have move the stop up when I was in slight positive few days back. I could have come out even.
3. Pay close attention to this one and see when it start to turn back.

 

Intraday Chart

Historical Chart