Bookkeeping: Partial Stop in Potash (POT) and Going Long the Dollar & Volatility

By Trader Mark
24 November 2009 @ 10:45 am EDT

First, a bookkeeping note - the 50% of position stop out at $112 on Potash (POT) we mentioned premarket as a limit order hit this morning, so our position size is cut in half with a $5 gain on a 1% allocation.  Content to hold the other half and add to it if the stock falls near support.  Likewise if after that purchase the stock falls below support, we'll exit most (if not all) of the position.

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