$Weatherford International (WFRD.US)$ 25 bucks for the lesso...

25 bucks for the lessons.

Lessons learnt :

1. Place a stop order instead of stop limit order to achieve the stop loss purpose.

2. Dont be cheapskate and hope to close the deal with 0 loss. When all indicators are pointing towards the adverse direction (support broken, EMA broken, Fibonacci support broken, net outflow, trend line broken etc), sell it even though there might be rebound later on. Win big in winning deals, limit the loss in bad deals. Never think of close escape. No traders are with 0 loss.