SELL FAZ @ $5.09

June 25th, 2009 8:09 am mylifemytrade Leave a comment Go to comments

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Stopped out – no profit/no loss after comissions.

UPDATE Jun 25 2PM PT: Cannot over-emphasize the importance of using stops – This security ended the day at $4.82. In absence of a stop loss, it becomes very difficult to sell and it is easy to just end up selling it at the worst possible point. I am glad to have gotten out for no profit. I  could have easily ended the day holding a position that is 10% in loss.



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