Sigh.

I don't know what it is with me and Goldcorp [TSE:G]. I may have made a big mistake.

Last week Goldcorp was dropping and dropping and seemed to be hovering around $25. The 52 week range is 21.87 - 32.46 so it seemed there was way more upside than down, so I put in a large order at 24.75 ...... and got it.... and the stock continued down. It hit a 52 week low of $19.18, and I bought some more. Its around $21.36 now.  My average cost is $23.31.

I should have stuck to my 'only buy if at least a 5% up movement'. Hopefully it will recover soon.