Good trade but bad entry! Wasn't necessarily a bad entry but stop got hit and it mooned. So, either Stop was too tight or it was bad timing. Hate it when this happens. What do you guys think? Am I the only trader who faces this problem from time to time? Or Was I wrong in executing this trade? Looking for a meaningful dialogue here with fellow traders.
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The SL was based on previous daily support by the way SL was much under it
You could say close trade when the close of the candle is below this support line.
Don't take the wicks in account.
But you cannot do that as a sell order on the exchange, but only manual.
Don't take the wicks in account.
But you cannot do that as a sell order on the exchange, but only manual.
Just bad luck this time, keep up the good work!