Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Remember -Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%. -A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and yea
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Guys I am still in the trade as I didn't put a hard stop. I haven't closed the trade yet. will update if closed.
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Trade is still active for me. if you are stopped out on this trade i am sorry for that. But i didn't ask anyone to follow my trades, it is completely your choice and you should take responsibility and don't blame. I wonder if this type of person has said thank you when i made 7 winning trades in a row? i doubt that who's blaming now has ever said thank you..
Anyway, for the loyal friends only, I'll make sure next time to inform about if the trade has a soft stop.(soft stop means not exact price, it means a stop around and area and requires stability of price above or below support).
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I am closing this trade at breakeven. I will consider this trade a loss in stats sheet.
@Liam84, true. Thats why i considered the trade losing trade.
BIODOC
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@Technician, thank you. Losing is part of trading. Let.s find the winning ones :)
Elliott_Wave_Count
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I think it's better to write "Stop reached" it it was reached. If your stop is soft, don't place hard SL on the chart. From my POV it's better for your reputation than "Comment: I am closing this trade at breakeven. I will consider this trade a loss in stats sheet." It sounds like - "I earned a lot of money, but can't you show"))
P.S. you have very good analysis and setup in total. But this approach is not the best practice! Good luck!
@Technician, Are you sure you missed ?? Lets wait and see :)
salah3827
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@salah3827, Its just need high risk traders with more SL, I think.
Technician
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@Technician, but some ppl just want to complain about any shit. even the update that I considered the trade as loser is not enough and you want stop reached update. wtf...
salah3827
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@Technician, I am still in the trade :) my SL is my senses.