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Cypress,

thanks for your comment!  Actually I should clarify what I said about the shares I sold today.  I had hoped to make an additional penny profit for each share, but decided I had learned my lesson about greed and so placed a limit order but only at market value. 

I'm with you, though, on using limit orders.  I think it's a safer way to go. 

I ended up netting $30 on this, so not great but definitely not a loss. If I had sold last week, my profits would have been around $75.  Urrrrrrrghgghghghgh.

posted by JanesOpinion on April 6, 2006 at 12:37 PM | link to this | reply

JANE
How ironic that I use Scottrade too. “Funny Money”, LOL. I call mine Mad Money, like Jim Cramer. I have disciplined myself to use only limit orders. I feel your pain watching your trade, even when it swings in the wrong direction. If you use a market order, you will find yourself saying, “ if only I had done this”. Then you will beat yourself up even more. Good luck with your portfolio. 

posted by Cypress on April 6, 2006 at 8:52 AM | link to this | reply

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