Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

StopDay

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I always have stop-loss orders for my short positions. This is a great example as to why: I was short Workday (WDAY).

In the midst of the trading day, word got out that WDAY was a takeover target. I got stopped out where the red arrow is, taking a small loss on the position. You can see what happened next. “Mental stops” are a joke. In my opinion, you should use actual stops with your broker.