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07-Oct-08

PDT RULE TOTAL BS

I set a limit for ARA, got out 1.00/share nice. to hedge i had a 5% trail stop set that friggn executed buying more of ARA @ 16.03 and now my 1/00/chare is totally gone and i cant close until tomrorw. total BS that a rule designe to help smallers account winds up forcing them to lose money


ARA is a short until it proves otherwise. I'm holding it short to 0, chart sucks, company sucks and it has a lot of downside. this is easy easy money and some how im managing to screw it up.... dont let your day job affect your trading, you will lose money

Tagged Stocks: ARA

 

Posted at 12:12 in External Blog  |   Permalink   |  Top

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