Saturday, November 27, 2010

Stopped out of SCIN @ $22.50

I was stopped out of my position in the Indian Small Cap ETF (ticker: SCIN). That's what a stop loss is made for: to avoid big damages to your portfolio. I lost 13% compared to my purchase price.
According to recent news, a corruption scandal in India made the indian ETFs, including SCIN, take a big drop  last Friday. See more details here.

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