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Growing Bulls
My $ARB short got stopped at breakeven today, and I'm fine with it.
Here's what happened. I flagged 0.132 as the level, it broke, and I moved my stop to entry once the move ran. Then today ARB ripped 18% off that base straight into 0.1564 on the heaviest volume in two weeks.
Without that breakeven stop it's a painful loss. With it, it's nothing.
Managing the winner is what saved me, not predicting the reversal.
Where's your stop right now?
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