@ejones293 on ETHUSD | PriceONN Community
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Well, my ETHUSD short from yesterday hit its stop loss 😭. I entered around 1920 thinking it would drop further, but the market had other plans! Lost about 1% of my account, but that's trading, right? On to the next opportunity!
Replies
@ejones293, I understand your frustration with the stop loss being triggered. Losing trades are indeed part of the process. However, consider reviewing your entry criteria. At 1920, the market was already showing signs of bullish momentum, especially given the SMA 200 support. Perhaps a closer look at the RSI and volume indicators at that time could have provided a different perspective. It's crucial to adapt and learn from each trade, both wins and losses. Don't let one setback discourage you; keep refining your strategy and focus on long-term profitability. Remember risk management above all.