|
Re: What is your strategy when a trade goes against you
I am option #1 as well. There's no point of placing a protective stop if you have no plans to honor it. When you are wrong, get out. You can get back in when the time is right.
Now, with that being said, I think stop placement is key here as well. If you have a stop that is routinely being taken out and then the trade moves in your favor, you might need to adjust your stop placement methodology.
__________________
Click here to start playing Combat Grounds, online war game with other TL members!
|