I have been busier than (make up your own euphemism here.)
The Q's broke out below the triangle yesterday and I was stopped out of my calls at $1.05. I set my original stop at $1.15 but was not able to watch the market during the day yesterday so I had to sell at a greater loss than I wanted. So I was out with a 17% loss or down $460 in the portfolio. I really don't like to use automated stops, just mental stops that I take an action on. This is one of the cases where an automated stop would have come in handy.
Today the Q's have continued to move further down. It looks like the next near term support would be at $42 and I may look at going long again in that area sometime next week.
The Q's broke out below the triangle yesterday and I was stopped out of my calls at $1.05. I set my original stop at $1.15 but was not able to watch the market during the day yesterday so I had to sell at a greater loss than I wanted. So I was out with a 17% loss or down $460 in the portfolio. I really don't like to use automated stops, just mental stops that I take an action on. This is one of the cases where an automated stop would have come in handy.
Today the Q's have continued to move further down. It looks like the next near term support would be at $42 and I may look at going long again in that area sometime next week.
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