adaseb wrote:pablo101 wrote:Not a higher TF zliner but playing out support area, got stopped out with a really tiny stop loss of 6 pips.
Anyone here, would you widen your stop here to play for a longer time trade?
Hey in the past I was in similar trades like that before.
I "think" the reason why this happens is because we enter too late because we think we are missing an opportunity. The ideal entry would of been here.
What you see is the difference between a M15 trade and a H1 trade!
you have to handle it differently. When you can not see clearly which frame you are trading then you have to take profit when there is!!!
entry made on zeroline of the M15 chart be happy with about 20 could be less or more.
Trade from an H1 is most of the times more pips and from the H4 i don't have to tell you i think.