Tuesday, October 6, 2009

Moved

There's been some recent major price action in the market since the last post. Ironically, it was during this exact same time that I moved to a new residence and basically could not trade. Figures. At least I had some stops in place to protect me.

Remember this - when ever you are going to be unable to trade during a specific time period due to: vacation, moving, or whatever - then make SURE that you have your stops in place and can automatically get you out if the market goes against you.

Also, if you are going to be gone for an extended period of time - like 2 weeks or so, then close out your trades before you go. It's better than having an unexpected surprise waiting for you when you are finally be to check the markets again.

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