Made a couple of trades on Friday and cut loses on trades today. If I can give any advice, it is to cut losses early. Its ok to be wrong once in a while. I lost a bit of money for being stubborn with two trades. I have a few other stocks I will be cutting losses on soon as well. Today was just a slaughter all around, so I took off some of the worse ones. But with that comes buying opportunity. I will look for entries in oversold stocks this week.
Here is what I traded:
$COP – Decent size loss on this play. I should have gotten out back during the whole Duracell deal but I tried to play it out. I sold half my position so I am still holding a little bit. I will sell it if there is any more down side.