I got burned
I bought 1.6529 stopped out for -20
I bought 1.6396 stopped out for -20
Caught in bad news on the pound.
should have just stayed away
Small position but still ruin a good week and have this feeling hang around.
1.6396 could of held if I had a bigger stop. But 1.6529 had already hurt.
Loose a trade, call it a day and something else. Especially if it is a discretionary trade. Revenge came into play on this. I loss and it went to the next support level I bought and my stop was too tight. Hoping to get back my loss and a lot more. Hours lock in a trade that did not work.
I loss of 3% turn off the computer and do something else for a day or two PERIOD. You have a loss GAME OVER. Do something else.
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