I just wanted to report my trade on NFLD. (swing trades 2-5 days) I bought 800 shares of NFLD on Monday at 15.01 (10% of the capital allocated to my system 1). Tuesday afternoon, there was a quick drop of 10%. Looking at the news, I saw that NFLD was going to have an unplanned teleconference that evening. The stock continued to plunge. I sold 400 shares at 12.52. Continued to plunge. I was able to sell the other 400 shares at 10.51 ! NFLD closed at 11.42. I was quite upset ! It was my biggest loss this year, 24%. But, the teleconference was bad news and the stock opened Wednesday morning at 5.81 ! As we speak the stock is at 4.31 ! Lessons learned: 1.Everything is possible, especially with biotech companies = limited exposure on individual stocks. 2.Take your losses as quickly as possible: Very difficult to do when you see the bids dropping like a rock. 3. No revenge trade. I was tempted to buy back at the open at 5.81. Now at 4.31, it is an additional 25% loss. Somewhat that "bad" trade felt like a winner because I could have lost much more, if I had been stubborn.