Strategic placements of stops can keep you safe. You must allow your trade to have "breathing space" meaning too tight a stops can mean many losses.
Here we see we were cents from being stopped out but are still in this Long trade as the trade bounced up again.
Support remains at the top of Ichimoku Cloud
Understand this is the normal ebb and flow of the markets. Markets don't just go straight up or straight down.
By no means are the Bears in Charge and we still remain in an Uptrend
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator
Here we see we were cents from being stopped out but are still in this Long trade as the trade bounced up again.
Support remains at the top of Ichimoku Cloud
Understand this is the normal ebb and flow of the markets. Markets don't just go straight up or straight down.
By no means are the Bears in Charge and we still remain in an Uptrend
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator