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The market was down today, but I escaped unscathed. I about broke even today. I had two buy orders kick in: ACH at $77.90 and FDG at $38.00. I was stopped out of four positions. I sold KOSP with a 25% profit, MATR with a 3.5% profit, PD with a 2.5% profit and PDII with a 3% loss.
I’m now running my trades with tight stop loss orders. I used to trade, swinging for the fences. Now I’m just trying to make base hits and prevent the double play. If I can hold a stock for a few days and make a 10% profit, that's not too bad, is it? In spite of the market being down this week, I’m made a little money.
Posted by Ted at February 13, 2004 8:30 PM