DislikedFirst let me say I am never sure about any trade and nobody can be. It was just a chance I was willing to take and if price had kept going up and closed above the 10sma I would have taken my loss and got out. Its no big deal to have a loss because we all do and we always will. It is all about minimal losses and maximize your winning trades.Ignored
A read senior trader said that with a good mm for just 1 to 2 RR and even at a 40% or 50% win rate, one will be in good hand for profit in a long term.
IMHO.
Cheers