Originally Posted by
MDawg
Market closing. But before it did it actually did hit my earlier 478.5 anyway. And that's the way it often goes...my initial instincts were right on, but the market tricked me into averaging in and making less than the hoped for original income.
Most of the time, when a stock drops I should just average in but maintain the original sell price, make even more! But...hindsight is not relevant. Where you're in the midst of a trade and you're down five grand, it's hard not to take measures to lower the risk and bow out with a small profit. And that's again why reality and theory are two different things.