WASHINGTON (CBS.MW) -- Illegal trading in mutual funds is more widespread than originally thought, federal securities regulators revealed Monday as Congress opened a trio of hearings into fund-industry abuses. CBS MARKETWATCH TOP NEWS on 3rd November 03 SEC: Evidence of illegal fund trades widespread Exchange Commission said a quarter of the nation's largest broker-dealers allowed, or were allowed to make, illegal late trades based on the results of a preliminary SEC survey.
ABF, don't know why the position went against you so sharply, eps, news driven or maybe another stk in the sector. You have to be very aware of sectors and what's going on that can drive simbiotic or corrolated pairs. Upgrade/downgrades can severly affect other stks also. Unless you have a position large enough to merit hedging with options, indices or non corrolated pairs, which puts more capital at risk there's really nothing to do but use a hard stop, that at least limits your loss to a predifined #.
ABF, I will attempt to put this in words that you will understand since you are so obviously daft. You, gov'ner, are a bloody wanker. Hope that helps. HD