3rd Sept 2011–Those people really know when to pick the time to sue the banks, right when I am in there.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	28.30				Profit	10 days

 

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

 

1. US is sue all the 17 big banks for misconduct. Market before open already falling badly especially banks.
2. Big profit gone with the wind in such a high speed.
3. Take my profit and come back later.        ;-)

 

Lesson Learnt:

 

1. Have to be more aggressive in protecting profit during bear market. Stop loss have to be adjusted close to avoid such a gap before market.
2. Stock like C, BAC, GS, GOOG, you might not have to sell the stock so urgently. It tends to bounce back in the next half an hr. Sell then might get a bit of profit back.

 

Intraday Chart

Historical Chart