There is a fair amount of pain in CFD's for the unwary. Always go in with a stop loss of no more than 5%, I tend to only risk 2% on a trade. If you get it wrong just accept it and move on, I learnt this the hard way when I opened a CFD account about 3 years ago. Held onto one position for about 1 year at a loss, paying interest every week on my mistake. I realised the loss and now sleep alot better at night. On the same stock I have now made my loss back when I bought back in a considerably lower price than my exit. I don't know much about RIN but I would wait for a trading range and support to be established. Any stock trading below a 200 DMA or 30 DMA be wary of. If you get into profit let it run. I have a similar story to a previous posters experience with MBL, but mine was with CSL. Good luck, it's all a learning experience which will make you stronger. Keep trading, we all have bad patches. Trade with small parcels, get some runs on the board and go from there.
RIN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
