Nice example…gap up, moves down, back up a bit and then slams through the low of the day after 10 am. See more at www.talesofthedaytrade.blogspot.com
Welcome to Swing Trading the Stock Market Podcast!
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Refusing to take a loss when the trade has turned, and the reason for getting into the trade in the first place is no longer valid, is one of the biggest problems traders face. In this video, Ryan Mallory discusses the pitfalls that comes with refusing to take the loss and instead opting to become a bagholder on one's trades.
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