Took the loss on GC and basically made the loss back and some less then 12hours. Should I held on? Well in retrospect price hit my starting point however there was no way of knowing that when I took the loss and price easily could of gone below 61 and loss would of been 2x larger.Another thing loss allowed me my margin back thus allowing me to trade normally.When you are practicing good trading habits then retro analyzing is pointless.Point is I did what was necessary to protect the account and that's most important! If you ever blown an account (who hasn't?)you know exactly how that feels and why its important to keep losses in check.
In trading, you have to be defensive and aggressive at the same time
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