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I will probably hold the position until I get stopped out, as my SL is within the 50% of my Daily MAX loss limit, and also the pips collected from EU and GU drop last Friday will be used to offset the loss (if I get stopped out). Sadly for me, I won't trade until realizing this profit or loss. Let's see.
Yeah been there fxp, Mark nailed it imo.
Look no trader ever tells (or shouldn't) another trader what to do, else how we learn. And we are ALL learning, each day.
Sit it out on your hands. Option.
Close all trades in loss now. Option.
AND re-open the same again later in same direction when you get the feel of the market again (ie not stagnant). Option.
Close partial (and re-enter later, so you lose five pips or such to find out, frees up some margin for a new trade). Option.
Any of the above can show you IF your trades make any difference to the aggregate NOW (for future knowledge).
And if price runs into your wished direction quickly, say 7 mins AFTER you close (or partial) you will get an idea of wtf is going on with the organised price movements.
Options is all we have sadly, the market will do what suits it best.
Just that YOU are the only one who can "think out" your available options & what suits YOU best (and learn for the future).
All the best fxp. None of the above is advice, I am not qualified to advise.
