St da,
First real lost swing trade. Didnt we close below support day before yesterday. Luckily I booked 50% at 8570 and the rest 50 % hit the SL
Does it often come back into range after breaking it like today. I hope this doesnt happen often. Will be taken to the cleaners if this keeps happening.
First real lost swing trade. Didnt we close below support day before yesterday. Luckily I booked 50% at 8570 and the rest 50 % hit the SL
Does it often come back into range after breaking it like today. I hope this doesnt happen often. Will be taken to the cleaners if this keeps happening.
Market can do anything.That is the reason why a trader has to play a great defence to protect his capital.If the level in the sand was broken and thereafter the market goes above it, it is a warning sign and that is where my early exit strategy protects me.If the trade is not working out as planned, a trader must get out and wait for more clarity.
Smart_trade