Thursday, October 04, 2007

I just missed out on a $1400 gain! (and NOV trade)

This morning I placed a buy stop for 100 shares of BIDU at $305, using my "buy the weakness" strategy for the stock. As you can see from the chart below, the stock dipped to $306 before rocketing to $318.

Trading can be a frustrating game. I'm going to have to put this miss in the rearview mirror and focus.

I did buy 400 shares of NOV at an average price of $71.84.

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