Initially i was quite bullish on it, and expected the support will be hold at 2.8, but it was broken firmly on Wed--high volume plus long black candle. but just one day later, it was up by 16 cents on Friday with close at 2.88, top gainer of the day. Due to its shocking good earning result. This is the importance why we need to set stop loss. When you are wrong, you are protected.
Since it's up now, worth to monitor when it heads down.
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Sunday, March 1, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment