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AGU - Nearly a 100% profit so far

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Well I logged on to my trading account around 1pm today, to see that my long call option on AGR is up 97% from when I purchased it last week.  This is the power of options trading.  I’m not going to be greedy either, I’ve already moved up my stop  loss, but I think I will go ahead and place a trailing stop on the option price itself.

I’m still down $300 from when I opened my account, but that’s due to stupid trading mistakes I made (not setting stop losses).  Live and learn!

Suzanne @ December 3, 2007

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