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Friday, March 22, 2013

Trading Mistake - Using Market Orders

There has been a trading mistake made that has cost Sell The Call revenue. Because a market order was used, a covered call trade for Arena Pharma was sold for $0.10 less than should have been sold. The lesson here is to always use limit orders. It doesn't cost any more money and in the end will save you from situations like this.

Happy Trading!

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