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LOby u/lottemurphy·7dDiscussion

Don't fall in love with a trade, learned it the hard way with $EURUSD

Watching $EURUSD today, and it's bringing back a painful memory from about two years ago. I had a really strong short thesis based on some macro data and the technicals looked solid for a downtrend. Got in around 1.13, and it initially worked, dropping a good 80 pips. Then it stalled, started bouncing, and I just knew it would eventually break lower. I mean, all the signals were there, right? Instead of taking profit or at least tightening my stop, I held, even added to the position on what I thought were pullbacks to re-enter the trend. The market, of course, had other plans. It reversed hard, blew past my original entry, and I ended up closing out for a significant loss, way more than I would have if I'd just respected the initial stop or even taken some off the table when it moved in my favor. The lesson was brutal but clear: Never fall in love with a trade idea, no matter how good it looks. The market doesn't care about your thesis. If the price action isn't confirming, get out or manage risk aggressively.

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1 Comments

KIu/kittipongtechavimol·7d

เป็นบทเรียนคลาสสิกเลยครับ บางทีเราก็อินกับมุมมองตัวเองมากไปจนมองข้ามสัญญาณตลาดจริงๆ ผมก็เคยเจอแบบนี้เหมือนกัน พยายามเตือนตัวเองเสมอว่าไม่มีอะไรแน่นอน

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