What do you do with a trade going against you but you dont want to use a stop loss? I have the answer, do you know what it is? I will use it in future trades without saying :)
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What do you do with a trade going against you but you dont want to use a stop loss? I have the answer, do you know what it is? I will use it in future trades without saying :)
Log in to join in Reading is open to everyone. Replying needs an account.
8 comments
I don't know... Let the stop loss hit :/?
See the other reply
Open an opposite position to offset the losing one?
Ah Mr Wilder, pleased to meet you.
Haha no idea who Mr Wilder is, but pleased to meet you too ))
Mr Wilder is the man in your profile pic. Maybe you know him as Willy Wonka
Ohhhh, Gene Wilder. I was trying hard to associate the name with crypto or trading haha
If i make a trade i have to make a plan to take the entry. If it goes against me i should keep claim, relax and stick with my plan. But if it don’t work i have to control emotions and accept the losses as a business model.