sometimes it's better to accept loss then let the hole go deeper if you are not sure about the outcome to be positive then close the position on minimal loss and try stoploss next
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From100toMillion
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Trading Day Update: Holding Positions & Market Uncertainty
It's been two days since I opened a short position on $BROCCOLIF3B, but I haven't been able to close it in profit yet. After closing my $LAYER short, I opened a short position on $GRASS, but unfortunately, I misread the market direction and I'm currently in a losing position on this trade as well.
The market isn't always predictable, and sometimes patience is key. Let's see how things play out. What’s your strategy when facing uncertain positions?
It's been two days since I opened a short position on $BROCCOLIF3B, but I haven't been able to close it in profit yet. After closing my $LAYER short, I opened a short position on $GRASS, but unfortunately, I misread the market direction and I'm currently in a losing position on this trade as well.
The market isn't always predictable, and sometimes patience is key. Let's see how things play out. What’s your strategy when facing uncertain positions?
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