Thursday, December 15, 2011
TITZ:3 I bottled it and missed out on 200ish pips
I entered at a good spot 1.5462 anticipating the move up, My stop was at 1.5429, price came close to my stop which was just below the 200 MA.
I could start to see a downward slope starting to develop, which spooked me and I resolved to get out the next time price came up to my entry.
I got 1 pip out first and then took the other 2 10 minutes later instead of riding the ulcer roller-coaster.
Lost Opportunity is better than lost capital, but this opportunity would've had me back at break even (grr).
I must hold fast to my convictions and have confidence in the analysis.
Labels:
learnt the hard way,
titz
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