DislikedHi,
using GBPUSD as example today.
As traders, we must know when to cut loss.
We enter a trade using sonicR setup but do you know when to cut loss. There are several possible historical resistance to place SL.
when your sonicR setup fails, do you know how to take the turnaround trade like today. Or do you stay out until you see another sonicR setup.
regards,Ignored
Regards,
H.
"The future is already written in the past"