Here is the status of my current holdings:
Symbol | Entry Date | Entry Price | Current Price | Profit % |
INFA | 28/09/2007 | 15.72 | 18.08 | 15.01 |
AMSG | 26/10/2007 | 26.68 | 24.45 | -8.36 |
RCCC | 22/01/2008 | 44.13 | 44.05 | -0.18 |
I use a stop lose rule which is to sell the stock if it loss 10% or more. However, since I trade on a weekly basis the loss on IDEV ended in 21.45%. This was a result of a steep decline which occurred last Thursday. Usually after a strong move downwards we witnessed correction of different magnitudes. A day later the stock went up 0.8% but unfortunately the week was over. Nevertheless the stock was sold as the system ordered.
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