Wednesday, September 23, 2009
Cable Stop
Trade was stopped out when price broke thru the trend line.
When I looked back, I realized that I had entered the trade without waiting for confirmation that price had indeed reject the trend line (post -raya blues, maybe?).
I need to remind myself that my game plan has always been about REACTING to price action, not ANTICIPATING what price might do (that's basically hoping)!
This time I broke my rule, and I paid the price.
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