Posts Tagged dow jones falls

DOW falls and takes out my stop

DOW falls and takes out my stop

It just goes to show that you never really know where the markets are going. I had moved my stop up a bit as the previous stop under the pin would be a full 2% loss if it hit.  Moving up the stop to a previous low meant a loss on this trade would be 1%. Well, the markets fell extremely quickly today and took me out of the trade. Of course, it was disappointing and I would still be in my trade if the stop was below the pinbar but even if I was and saw the strength of this fall.. I would h

May 30, 2012 1 Comment Full Story