Just to show you my trading is real I just got stopped out for an acceptable loss (i won't lose any sleep over small losses).
Stop losses are there for your safety to protect your capital when you are not in synch with the market.
What next?
Well this is a 2-day pullback (which is quite normal in a strong uptrend) so let's see how the market reacts after this 2-day pull back.
If we get a breaking of the top of today's bar I will re-enter Long but now with reduced risk.
If it doesn't break today's high then I will sit, watch, observe and reassess.
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator
Stop losses are there for your safety to protect your capital when you are not in synch with the market.
What next?
Well this is a 2-day pullback (which is quite normal in a strong uptrend) so let's see how the market reacts after this 2-day pull back.
If we get a breaking of the top of today's bar I will re-enter Long but now with reduced risk.
If it doesn't break today's high then I will sit, watch, observe and reassess.
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator