Disliked{quote} Price may likely breakout to the downside. What do you think ?Ignored
If it goes down, then I take a loss.
It is painful to get stopped out of a trade and then watch it go your way afterwards, but it is much more important for me to stick to the plan and maintain discipline than it is to catch any particular move.
Our ability to interpret price action is dramatically impaired once we are in a position.
Our ability to remain impartial is so compromised that once we have a trade on we are almost always better to stick to our original parameters and ignore the price action.
Otherwise, we are bound to do something reactionary or stupid.
If the trade is making you nervous, stop white-knuckling it and go refill your water bottle or do some pushups. ( make it 50)
I come from the future.
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