I always use stop loss, learned it hard way.
I am not sure, why or how, but this time on this I totally forgot it.... only realised today.. after seeing all this fall. I was thinking I would been out hitting stop loss today.
Then only when I checked my account I realised that I havent put a stop loss...
Going to break out that wedge one way or another soon
Long GENEL today
Looks like if it can break 125~135p range.. it can go higher...
Anyone still trading these?
Always have a plan, always have a stop. It's not pleasant but realise when you are on the wrong side of the market and get out.
I've actually found trading FX a lot easier than shares. There's no emotion to it or story to believe in or drilling results just around the corner. Genel & GKP are both shares I hold as part of my non trading portfolio. I can afford to wait but think it's going to be a long time if at all I see that money back again. Note to self, be less greedy!