Tuesday, July 8, 2008

Luckily I had a 5% stop loss on my trades. I got stopped out of POT and MOS very quickly. I should have used a tighter stop, in the 3% range, given the current market conditions. I figured that MOS and POT would hold their support levels but this proved to be wrong. This is a very tricky market. The best thing to do is raise cash.

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