Thats why I always put a sell order in after I get a position.. Those spikes can just come out of nowhere sometimes.. its like free profit, because your able to get right back in usually in a candle or two.. But if you didnt have your order ready ahead of time, then youll likely miss the spike and the panic will continue like nothing happened.. But your trade looks very good, there is no way to anticipate the top of a spike like that, so as long as you sold in profit, you did fine.. and you can continue to work the chart..
You are viewing a single comment's thread from: