Excellent day for just one pick. CXZ was a home run. It let us have a clear and quiet entry @ 2.27 and relatively quiet exit @2.31. Bid/Ask spead was not bad at all for this, still low volume tarding stock. 1.8% profit, same for average for today as we had CXZ only.
Days with 1 or 2 symbols only to trade always make me nervous. Diversification (when you have more than 3 symbols) is really another safety net, like a stop-loss order. And sometimes even more important that stop-loss. Stop-loss minimizes your losses, while good diversification may maximize your profits.
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