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Today, my afternoon shorting on Nasdaq was a disaster. Shorted and got stopped on Nasdaq 4 times in a row(always a bad experience). Thank God the long trade went well recovering all the damage.
The switch to short was good too but a little slow, from the 5 min chart I should have managed to switch at least 20 points earlier, big regret.
Do you, or have you considered employing risk management? And I think something that may be beneficial and your approach is to have a stop loss at a point where the trade is no longer viable. Basically lacing your stop loss at a point where if price reaches it then The trade can be said to be not ideal.
Chaos at one level of magnification is harmony at a higher level of magnification.
