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Do you close the position after the candle closes outside of your stop loss? Or as soon as it breaches it?
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Consider this NVDA position I was in today. I almost closed this NVDA position today for a loss because of this crazy wick. It breached my stop loss. It was one of those positions that was about to get out of control, but I decided to wait a little bit and the trade turned profitable.
Do you usually wait for the candle to close before stopping out of a position? Or was I a gambler in this trade?
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