I was stopped out by 5c!!!!!!! O tell me the trading gods, why do you hate me so much? Am I using wrong trade management, not moving stop to break-even quickly enough, not trailing.. what is it? My risk was this measly inside bar. It was small and I was happy because it was so small. I was gonna make 10x that risk, ok maybe 5x. I watch the trade go 1R, then 2R in my favor, then give it back and stop me out by 5c and resume downfall!!! Where did I go wrong?
To the astute reader: please go back to the trading setup I posted and tell me where in your opinion I went wrong? How would you manage this trade? Would you give say 10c buffer above the high of the inside bar? Or maybe this is just one trade and I shouldn't whine?
To the astute reader: please go back to the trading setup I posted and tell me where in your opinion I went wrong? How would you manage this trade? Would you give say 10c buffer above the high of the inside bar? Or maybe this is just one trade and I shouldn't whine?