Cutting Your Losses -- Rules to Live By
When I saw shares of Tiffany (TIF) crater 10.5% Tuesday to $59.94 in huge volume, I was reminded why it's a good idea to have sell rules in place after buying a stock.
I bought shares of Tiffany Oct. 27 when it gapped up above a swing point of $77.84. I wasn't thrilled when the stock finished in the bottom half of its trading range for the day, because it told me that sellers were around. Still, I wanted to give it some room....574 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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