I am looking to take a risk here, to ride the Breakout. However, keep a very strict stop loss as per your risk appetite if markets turn weak.
Trade closed: stop reached:
My SL has triggred here. It was a failed breakout. No qualms of failing at trades. What is most important is to protect capital. There will be no harm entering again when it breaks out above 60.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.