Got it....you had wishful thinking instead of discipline. Imagine if you had closed the long position and reversed.Couldnt close the position, I was sitting there tearing my hair out and thinking it would retrace back,
Dramatically different outcome.
Many times I find myself having to immediately reverse my position after getting stopped-out. It's counter-intuitive, but works most times than naught...However not always....as there is always the potential for "whipsaw"....thanks to the price action from the algos. Totally risk/reward here....as stops are incredibly important. Best to take several small losses than a big whopper.
