Thursday, January 31, 2008

Setting the stop too close...

Well, i made a total of around $65 from selling my GM and Countrywide stocks, but now i regret having set that stop-marker on the two stocks yesterday.

When looking closely at the movement the last two days, both stocks seemed in danger of dropping or at least being on the way down, so I decided to set a stop-marker to make sure my large profits (...large compared to my other profits) indeed ended up as profits and not just some pretty numbers on the screen. Unfortunately both stocks started the day low or started by dropping substantially below my markers, only to rise higher than before...typical :)

No use crying over un-gained profits, especially since I managed to make a good return within a few short weeks. Now i need to find new "targets" though...

2 Comments:

Anonymous Nikolaj Grøn said...

Hej Dennis

hva f.. laver du i London?

Ja vi ex-TDC'ere kommer vist rundt i verden :-)

vh
Nikolaj
ex-Afghanistan

11:28 PM  
Blogger Dennis said...

Tja...blev traet af at vaere i Danmark og fik lyst til at proeve noget andet :) Saa for oejeblikket er det London...

11:02 AM  

Post a Comment

Links to this post:

Create a Link

<< Home