If that description sounds vague, consider it a bout of depression.
You have to get out quick sometimes.
Don't trade when tired.
Like felling a tree in a slight breeze, that sweet spot where you have to push.
Or else the tree falls on your house, which is loud even through earphones.
Catch my drift?
Rule #1 don't sell at a loss. Rule #2 if you have to sell at a loss, make it quick. Rule #3 have ready set Plan B (buy or sell order). Rule #4 as soon as you can set your Stop Loss above your Order, you have won the trade. Rule #5 follow the trend with your stop loss, moving it with your mouse. Rule #6 follow your stop loss with a pivot Order. Rule #7 lead your stop loss with a continuation Order in case you get stopped out but the trend is continuing. Rule #8 no risk no fun.
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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.