anwarfairuz5

MISTAKE IN MY FIRST TRADE!

Long
MYX:MCLEAN   MCLEAN TECHNOLOGIES BERHAD
I enter my first trade in bursa last week on thursday. So, i decided to buy MCLEAN as it is in uptrend. But the problem is i am too emotional and thinking that mclean will continue to go up so i buy at 5.10. And today, i suffered a 11% loss from my first trade :'). What i learnt from this loss is you need to always wait for the price to come to you, dont chase the price. i also need to lower my stop loss as 11% is too high for me to bear :'). And today MCLEAN close at my support level . Maybe i will enter back the trade if it show a good price action :D

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.