ZMI
Classic example as to why not to hold
onto a lossing trade, you can always get back in.
I like the one;
" If you weren't holding would you buy it now? "
It's not a matter of will we make losses,
But a matter of managing them and limiting them.
No one picks winners alll the time.
Good barometer as to the question of holding
just imo.
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Thanks @Cabbie for the explanation
of the tails /shadows according to trend position,
Ah...penny drops
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