Quote:
Originally Posted by lewdog
If it fills my stops that’s fine. Moving it down could only create a larger loss for me as I’m not about to assume I know where this is going. I’m fine risking 1.3% on a loss for a possible rebound.
Stop at 3306 FYI. Slightly below intraday low.
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Fair enough.
I'd just pull that specific trade out of your system and put it in a more intermediate term play just on the idea that it will fill the gap and be willing to hold it until it does. Definitely have a stop a buck below the top of the gap to get out.
That's a different technical chart than your system normally works with me thinks.
But I understand if you're hesitant to do it. That's how shit goes sideways for traders. I'm suggesting you put it in a different system, that's all.