Disliked{quote} I'm going to just mention this as nicely as i can im not being mean or aggressive but what reasoning do you think its going to hit 148 again? What if it keeps going down? I see your original entry was nearly the very top at 147.46 which was originally just a minor pull back at the very end of a very long daily uptrend. Since then you have doubled down on every low til over 400 pips later now your scaling out 2x your original trade amounts this just seems very dangerous. What strategy or risk management plan are you using to hold these negative...Ignored
Now it doesn't mean that those reasons are guaranteed to be right. I'm not perfect, I still make mistakes and I'm constantly evolving my strategy. But just know that there's a plan.
Speaking of mistakes, the top trades that you mentioned at 147 or so, were just plain wrong taking them. Instead of taking the loss, I've been hedging all the way down because I have reasons to believe we're gonna go back there and I'll be able to turn them into profit / break even. That's why I've been holding.
I see all this move down from 148 to current level as a pullback. So the main trend (bullish) will resume.
I know things look scary for me right now, but I'll do my best to recover and get out of trouble. Believe it or not, but my equity dropped significantly more from the trades that I took here at the bottom this past friday, than those that I took at 147.
I was highly invested on friday, thinking was gonna take off, it didn't. I don't think I'm wrong yet, just seeing this as a delay on the launch. Hopefully it happens today/tomorrow.
1
