a little too stretched plus volume surge, so hopefully a rebound of some kind here.
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nice one ... you should be using stops though or at least have a mercy point. if you find yourself nervous or anxious while trading it's probably because you're not managing risk properly.
I got nervous and exited half my position .. and minutes after the break down. hahaha never seems to fail. Whenever I get nervous and exit half my position.. u guys should add to it haha.
agnosia wrote:
Richarab wrote:
still holdin... down we go...
nice one ... you should be using stops though or at least have a mercy point. if you find yourself nervous or anxious while trading it's probably because you're not managing risk properly.
jaijailyc wrote:I got nervous and exited half my position .. and minutes after the break down. hahaha never seems to fail. Whenever I get nervous and exit half my position.. u guys should add to it haha.
the market is just one big reflection of the inner workings of the human collective psyche
whether this is just a back test, we'll know soon. so far looks like a bear flag.
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It will be very useful for beginners like me if you can start a thread where some folks from here can advise on stop loss management. I really have no idea what to do. Especially my TSL where i end up not maximizing my profit.
What do the past couple of days tell you about whether your "yellow" area in you chart on Monday. Does it say the bears are stronger...and if so, what is the implication for tomorrow and next week? Thanks.