Monthly TF = Bullish Daily TF = Bulish Type of Trade = Momentum Breakout Time to profit target = 1 to 2 days Reward to Risk Ratio = 3:1 Risk = 1% of account balance
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Changing Buy Stop Order to Market Order to Buy at the Close above 0.9727
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Stopped Out at 5:24AM CST on 5/12/2020
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I will be looking for a new long trade setup to re-enter!
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Note: Getting Stopped Out is a good thing and not a bad thing, it happens to all traders, by protecting our trading accounts from large losses.
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