#Aussie200 - Twitter Hashtag

about 1 month ago

#Aussie200 No follow-through on the Aussie Index despite the Slingshot setup, so I tightened things up with a trailing stop and banked a smaller winner than I had hoped for. You take what the market offers you. Of course, you want to give a good trade room to run and capture the bigger move. But equally, at what point do you protect what the market has already given you rather than watch a profitable trade turn into a loser? There is no perfect answer to that conundrum. Trade management will always be a balance between giving a winner room to breathe and protecting open profits when the expected follow-through fails to materialise.