Went with wide mechanical Stop Losses, and that help in avoiding potentially dangerous whipsaws. But it was an unlucky day. For the first trade, I got entry at the highest tick and then the price kept going down. The exit of the second trade was to be a Stop and Reverse to Long, but I got the fill only for the exit, and not for the reversal order. And then the price went up.
So 2 times unlucky...
Day Trading Price Action Chart |
Day Trading Price Action Chart |
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