Friday, June 8, 2007

Protected from Profits

Once again a protective stop keeps me from losing a little bit and gaining a lot. I sold AZZ yesterday and missed out on the last 2% of declines. Today it bounces back over 8%. So I missed out on -2% so I could miss out on +8%. When am I going to learn?

1 comment:

Matt said...

Scott,
Keep in mind prices are random - if the stop saves your a$$ most of the time, don't sweat the missed opportunities.