I want to show people the anatomy of a trade gone wrong so hopefully no one ever does this..... I had it short at what i thought was the dead top.... then i piled into it.... then the market gapped through me and i still didn't accept it.... its just an asinine trade.... no other way to look at it. I added more instead of realising how wrong i was.......
Im very thankful for all the kind comments.... I wanted to show you guys how it happens....
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This is precisely the reason why you never average down or up on a losing trade. Losing trades happen for a reason. Always always better to close it, leave it, cry, pound your fist, throw your computer screen, mouse, keyboard whatever you have across the room, do whatever you need to get over it and move on. So much less headache and heartaches this way.
Sorry about your loss @Max E. Hope you make back the loss in no time! You can do it!!