Most of the time I do, but I only do it if I feel that it has a good chance of continuing in the opposite direction. With the short (1st trade) you'll notice that the pullback did not make a lower peak than the last one so he was now in an uptrend, so I had a good chance of making money on the long.
2 comments:
do you always set an opposite order at your stop loss?
Most of the time I do, but I only do it if I feel that it has a good chance of continuing in the opposite direction. With the short (1st trade) you'll notice that the pullback did not make a lower peak than the last one so he was now in an uptrend, so I had a good chance of making money on the long.
Post a Comment