Let’s start with this organization chart:

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.
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.


Having spent about one million bucks on the education for EACH of my kids, I think these numbers are being very kind!
