The Super Pivot Stack has gotten more compressed in the next session. Is this a sign the price is winding up?
Trade closed: stop reached
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According to my trade management rules the trailed stop loss was trailed and subsequently reached. Although there was some profit in the trade the pullback ate that up and turned this into a losing trade.
A good rule is to trail the stop loss to your breakeven entry point when you have a reasonable amount of profit. This amount could be done on a percentage basis (e.g. 1/2 %) or on a point basis (e.g. 50 points).