In an earlier thread, you had mentioned that your stop loss for the day would be $1800. Why did it go up to $3000 today?
Wishing you more profitable days ahead and thanks for keeping us updated.
Yes. You are right that I had said I had stop loss of $1800. This, as any of things I said, are not held in stone.
My original record keeping was to hold on until close no matter what. but, after reviewing some of the bad days, I thought it better to cut the losses on the bad days. Problem was deciding where to take the loss for the day and end it.
When I had written the $1800 stop loss, it seemed like a good cutoff. After I posted that, I was giving it some more thought, and realized that I was not 100% sure that some days may have gone down $3000 but bounced back a little and ended down say $1000 or $1500.
So, I decided to let this day run a little longer and cut loose at $3000 mark. As it turned out, the day would have been a $2400 loss at the close. So my stop loss hurt me.
BW today looks like its up way too high, but who knows right?
