$DWA, perfect example of using stops I was stoppe

$DWA, perfect example of using stops

I was stopped out of DWA last week and some people wondered why I play my stops so tight. http://investorshangout.com/post/view?id=197524

I was stopped out at break even just below 17 bucks. DWA is now trading at 16.20. It's ok for a winning trade to end up as a break even trade. It's never ok for a winning trade to turn into a losing trade.

There should always be multiple precise reasons for getting into a trade, but you only need on reason to exit. the markets are continuing to downtrend and that does not look good to me. Typically we get a little rally going into the end of the year but I think it came early this year with the QE 3 announcement.