It's not uncommon to have a stock move up in your favor and suddenly move down creating a loss. This happens because the market gets suddenly and unexplainably soft. This month we've seen the market do that a few times. In these market conditions try a couple of new twists.
1. Always tighten your stops when the market gets like this.
2. Shorten your time horizon. Expose yourself to less time risk.
3. Set a smaller profit targets. Don't try to hit a home run on every trade. (Take the $ and run).
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