You bought the ding dong high.! Would have made 80 ticks selling it.
The pound is too much of a political punt if Teresa May or Juncker even farts cable goes ballistic.
Think you should take a leaf out of Ricky's book and trade smaller thus allowing safer and wider stops.
As I keep banging on about the best traders I have known are the Hedge Funds in the 1980's/90's. They wouldn't give a shite about a 30 pip move in fact that was what I used to quote them , a 30 pip spread when they did size say $100 mln. Then they would go quiet for weeks on end.
Many of them worked on 30% of trades were huge profits and 70% were stop losses.
Again each to their own.
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