DislikedYES brother it was very stupid! give 20% i do not close then go against me! 40 pips! now come back and i close it to rehedge below!! FOR ZIPPEDMAILS: today was USD CPI ... I TRADE ITIgnored
I couldn't dare doing any trade during CPI news today despite having 6 SL orders on BTCUSD in LOSS in my real account. I just stared at my loss recovering only around 20% by itself (because of price movement) compared to minus $150 before the CPI news was released.
I didn't know HOW to recover the whole loss by making use of the CPI news opportunity because of my lack of trading KNOWLEDGE...
What would you do to recover the loss if these orders were yours?
My current lesson is to open FEWER trades to avoid a larger DD.
If 'hedging' is a possible solution, how to?
Common sense is not so common!
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