NOT that I’m trying to encourage here BUT:
One or two of those really good trades that I’ve managed to pull of over the years has been when I’ve taken a trade based on one thing and then let it ride based on another. I will admit though that it’s mainly been a justification for sitting on a loss that I couldn’t stomach to take based on the first thing and it then just so happened that the second idea turned out alright in the end. Maybe for fun and to keep you company I short the thing on a demo and see how it turns out.
Pretty rich me giving advice right now though i.e. getting totally slaughtered on oil right now. Looks like I may find the merits in implementing my new found stop loss system after all!!! LOL!!!
I’m about half way to the stops. So support at around $50 would be nice!!! LOL!!!