DislikedHei guys, I'm beginner in forex trading and currently I have a short position on EUR/USD from Friday at 1.2820 when I thought it will go to 1.2780.... What should I do? Should I close it and take the loss or keep waiting for and eventual 1.28 breakthrough?Ignored
personally I'd close this reckless trade at the market here, for -30..-40, while I still can - but that's me, you can continue on hope if you wish. Won't float long on hopes in this profession however...
Patience, persistence and probabilities.