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Thanks all for your comments. FaderTrader, I really don't use any specific strategy I just watch out for stocks that have gone way down that I feel can't go any lower. bali, I don't really understand the equation you posted.

I know this may sound familiar but it truly happened to me and I liked to get your feedback about it. I started trading one month ago just knowing some of the basics and not even familiar with all order types. I started with $3000 and in one month I gained $600, actually during this month...