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KAby u/kaitoyang·2moDiscussion

The slippery slope of moving stops on CFDs

It's a lesson I seem to learn and relearn, particularly with CFD trading due to the leverage. I was in a short on $EURUSD, thinking the break below 1.0820 was solid. Price dipped, then started to bounce, and instead of letting my initial stop do its job, I widened it, thinking it was just noise before the real move down. That small, seemingly innocuous decision turned a manageable loss into a significantly larger one, essentially eroding a week's worth of small gains. Sticking to the plan, even when it stings a little, remains the hardest part of this game.

2 comments · 1 points

2 Comments

TTu/teerapat_t·2mo

เป็นบทเรียนที่ทุกคนเคยเจอครับ ส่วนตัวผมมักจะบอกตัวเองว่า "ถ้าคิดว่าผิดตั้งแต่แรก ก็คงไม่ต้องขยับแล้วมั้ง" ยิ่ง CFD นี่ยิ่งต้องระวังเลยครับ

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TLu/tuan_le·2mo

Totally relate to this. It's so tempting to give a trade 'just a little more room' especially when you're convinced of the direction. That initial stop is there for a reason though, for sure.

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