no, you should have already known what you were going to do before you ever put it on sounds like it is your largest loss never add to a big loser what happened to your stop?
I thought you often added to losers? Or are you just joking. Havent hit my stop yet. I'm still up 20 pips for the day. Debating if its the right time to enter with another mini lot.
yes, that's all I do is add to losers and winners but I trade multitple positions and my largest loser is always off limits for instance, I added last night to my short eur, but that made it my largest loser, so I just put in a limit to get out of all I added at BE. Never to be touched again. But early in the morning some USD.CAD became my largest loser, so I cancelled my BE eur limit, and replaced it with a limit to sell some more above the market and usd.cad became untouchable. It never got filled but you know what happened to those of us that were short. you should never have to debate in the heat of battle. all that should have been planned out ahead of time don't do anything, just let it ride, until your stop gets hit if your stop doesn't get hit, you won't need to ask what to do very dangerous to trade just one pair, you have to be really right most of the time, maybe you are, but I know I am not that good
Oldtime, I set a 200 pip stop, but I was not expecting to have to use it. The largest part of the drop occurred while I was away from computer helping my wife. I missed my entry point for another long, thank god. Now I'm just sitting and waiting to see how much lower this will go.
Whether you're a bull or a bear, no matter what it is you're trading, you will be taught a lesson about over confidence.