Quote from ESclown:
Im very scared of the TL up and if it bounces i may trail and stop myself out. If it bounces of TL and the comes back down - i will be quick to jump back in.
I took virtually no heat on this trade - apart from 1 tick. Most likely a test of 78 in order so i would rather get out b/e and then try again.
We shall see - price action dictates all my entries and stops.
Perfectly holding that line so trail is set.
The thing with my system is that if something changes i will get out quick and get back in if i again see confirmation of the original trade. I am not concerned too much about commission or re-entering trades - i try to stay as emotionally detached as possible.