I said if LPT can reach 19, then it is 19, right?
Although I cut my losses, this proves two points:
1. My judgment is correct; this is definitely a good asset.
2. I perfectly executed the trading plan; when I said to cut losses, I cut losses.
You think I lost money and missed this good opportunity, but I cut my losses within 10 points.
However, if I had held on and now made a profit, it would not have been a good trade. This time I managed to hold on, but next time I might end up in a margin call.
This is the correct trading habit.
In this circle, the most feared thing is to make money with the wrong trading habits.
Because sooner or later, you will have to pay it back, or even face a margin call.
---
BTW, after cutting losses, I went to RSR and ate very well; I increased my position to a floating profit of 10,000 U.