DislikedMy first stop loss: been taken out of the GBP/JPY trade. It's better this happened on a demo account as I have time to learn how to react on it. While closing on the loss I thought I should've hedged, adjusted the stop loss, enter additional positions to average down but then I realized I'm breaking the rule stated by Masterrmind in the thread: It's more important to conserve the capital and live to trade another day. Now I have to face the other issue after a stop loss: avoid revenge trading. It's kind of a good thing with the Brexit as tomorrow...Ignored
Tightening of the stops yesterday 'saved' an additional 140 pips to the loss.
Now I only have the UJ in action.
Master your Mind then Master your Trades
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