Hmmm,Trader
Why would you have a stop loss at 1.90? That would be guaranteed loss. Your average is over 10% greater than your stop loss already. And at current trading levels, you don't have profit to lock in.
We have just had a retrace, and support is around 1.85-1.90ish, so likely wouldn't fall further, and you would miss the bounce (should you be expecting one).
Wouldn't it be better to buy in (If able)at $1.90?
Is cheaper then your average.
If one was looking to hold long term, and already believed in the intrinsic value and trend of this share over the long term, these little fluctuations should mean little to them.
This is not trading advice. Just looking at the info you provided, and offering questions to ponder.
Good Luck with your strategy.
suggested stop loss, page-14
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