I see what you're saying but I have my stops quite loose. I've...

  1. 221 Posts.
    I see what you're saying but I have my stops quite loose. I've never used tight stops in my trading.


    I still stand my comment that I don't think we'll see the reaction that everyone is fearing. But if I'm wrong (and I can be), and I get stopped out, then so be it. There will be other trades.


    I've learnt over the years to trust my system. There's been a few times I've not taken trades because of another catalyst like the news / what people are saying etc only to watch it play out to what would've been a profitable trade.


    Currently, this trade is only risking 1.13% of my account, so if I get taken out it's no big deal as I'll (hopefully) make it back with profitable trades later this week/month. 

 
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