Have a position on aus/chf where I went short. However the market moves against me and I am wondering how more will it climb until breakpoint to freefall (wishfull thinking)
Hello mastah…
It sounds like you could benefit from reading this:
http://forums.babypips.com/forextown/67999-fate-gbpusd-please-help-worried-soul.html
What size was your stop-loss, when you opened the position (i.e. what higher level did you have in mind, on entering short, as the one at which your reason for entering would no longer be valid and you’d no longer wish to be in the trade)?
[QUOTE=“mastahbrood;760710”]Have a position on aus/chf where I went short. However the market moves against me and I am wondering how more will it climb until breakpoint to freefall (wishfull thinking)[/QUOTE]
Wait for it to fall, sell pullback.