@dWhite10 - ETHUSD | PriceONN Topluluk
Had a rough trade on ETHUSD yesterday. I got caught chasing a quick scalp long around 2250, thinking the bullish momentum from the earlier session would carry. I saw the 50 SMA was below the price, and RSI was still mid-range, so it seemed reasonable. However, I got sloppy with my stop loss placement, leaving it a bit too wide. Price dipped sharply against me within minutes, and I hesitated to cut losses, hoping it would recover. It didn't. Ended up taking a much larger hit than I anticipated when it bounced off the S1 pivot. Lesson learned: always respect your stop loss, especially during these volatile London/NY overlap sessions. Don't let greed or hope override your risk management strategy. This current move higher is strong, but I'm being far more cautious now.