Disliked{quote} It's ok to have bit the bullet as It might be forming an ABC pattern up before continuing the trend back down. The recent down move might just be the dreaded "B" trap. Also, that huge spike down followed by a fierce rejection might indicate bearish exhaustion, so we may also either range for awhile or do create that "C" pattern up. So, it's ok my friend you can get the loss back up. I was actually watching you're TE and was impressed. Just gotta work on those stops. You were actually doing a lot better than me at first as for me I am...Ignored
Thanks Maflip. I actually trade without a SL and only note a mental one which I never use, because I am always in & out as quickly as possible but when it moves against me, I have the tendency to leave the trade on. I have however paid a good tuition cost to know I need to put either a hard stop or hedge the trade. I don`t like hedging and will use a hard stop.
Shalom my friend
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