SGH 0.00% 54.5¢ slater & gordon limited

Ann: Market Update, page-191

  1. 200 Posts.
    Been burnt on SGH. Haven't been setting stop losses (stupidly) for a little while due to bouncing volatility. Kicked in margin call overnight night before last. Ouch. Most positions forcebly closed, only a small parcel still kicking on. Must have triggered at about 40% decline.

    Think I just need to use stop losses more, and set a wider stop loss margin in future. Could have avoided the bulk of this pain for a small fee if I had bought in a guaranteed stop loss amount. Lesson learnt, anyway.
 
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