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Would you rather miss an entry than have your stop loss taken out?
I’d rather miss an entry. There will always be another opportunity, but if my stop gets hit, that’s real money lost. Chasing trades after a stop-out usually leads to revenge trading, which is a fast track to blowing an account.
I’d rather miss an entry. There will always be another opportunity, but if my stop gets hit, that’s real money lost. Chasing trades after a stop-out usually leads to revenge trading, which is a fast track to blowing an account.