Wednesday, September 17, 2014

1359 - 2 losing trades, and a tumor

The above trade is getting close to 2 Stop Losses.
Initially, had a bit of thought whether to shift the Stop Loss higher.
Have the thought of 'what if it will just go up a bit and come back down'

Well, the correct way is to see it like a tumor.
Especially after you set the Stop Loss.
It is better to kill it early.
And start afresh.

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