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Stop Loss Experiment
Had a sale yesterday that was triggered through a stop loss.

The stop loss was on $CMA. This is an inherited position that was 100% of my portfolio when I began.

I have been working to trim down this position over the course of the last 2 years.

$CMA had a very strong run-up recently and had turned into a strong performer. I implemented a stop loss knowing that it could very quickly return to its lows and I wanted to capitalize on some gains.

I set the stop loss for 7 shares in October for 15% below its high. That hit yesterday at somewhere around $86

$CMA bounced back at the end of the day and ended up being positive on the day

I am glad I trialed a stop loss on a position I was looking to reduce, and only a small portion of the position

I am not sure how I feel about the stop loss and will have to do some serious thinking before implementing again.

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