taftrader

Stop Loss posistioning criticall!

Education
JSE:MSM   None
In this trade i had done the analysis mid October. The analysis was proved right today with the thrust in Massmart but i put my stop loss at an insignificant level. Its always crucial to hide your stop loss behind a significant level. In this case below 4000 would have been ideal. So what ended happening is that i got wicked out of the trade and soon after the thrust i was expecting came. . .shucks!

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