robbbb, kevi, fluffy advice et al needed, page-3

snicket IMHO you may wish to revise your stop loss process. If I entered at 1.5c I would have set the stop at 1.3c (23 April high). This would have kept you in the trade.

Again on the second trade, a 1.8 entry you would look at a 1.4c stop (yesterday's close), again this would have kept you in the trade.

If the stop loss pips outlinedd above equate to a bigger loss than you can handle then you simply reduce the trade amount, having too tight a stop leads to false exits on whipsaws and can result in a missed opportunity (as you have experienced).

In any case this was a learning experience and $600 well spent, know key support and resistance levels before you trade, plan your exit before your entry. All the best