I've been wanting to build my ADA position for a while so took a pop at it at .05050 then reloaded again ~ .04950. Set a wide stop and waited.
Last day or so It's been moving. I shorted here with a limit order and basically sold the top of the green candle when I sold. Thinking about it now, there was absolutely no reason for me not to set a stop around that level and just see what happened. I would have been in the same situation, but missed out on a least a few extra % gain. This isn't the first time this has happened either. Hopefully it will be the last. I need to learn patience when entering trades and patience when exiting.
Last day or so It's been moving. I shorted here with a limit order and basically sold the top of the green candle when I sold. Thinking about it now, there was absolutely no reason for me not to set a stop around that level and just see what happened. I would have been in the same situation, but missed out on a least a few extra % gain. This isn't the first time this has happened either. Hopefully it will be the last. I need to learn patience when entering trades and patience when exiting.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.