This is an anecdote, nothing special, just a warning about having a stop on trades, espercially when not there.
I got an advice from Windows that they were going to do an update, at 1103 CET and to save any work that I had. They gave me 20 minutes.
I had a trade open. SB, long on CAC and was up about 5 points. I was hoping for a rise over the 4500 level. Decided to put a stop at 4465, well down, because I thought that I would be back within a few minutes.
Lesson 1. Windows takes about 50 minutes, when it wants to update.
When I got back the CAC had taken a dive to 4468. I did not consider it worth selling because it was very close to a rising 60 av. Now, at present it is up to 4475. Could turn into a double bottom but, in any case, I am only trying to reduce a loss because my original trade has failed.
I'm not a novice at this and am , nowhere near, worried about my account. It's a disappointing morning, that's all, but I thought that I would post this as an advice about what can happen and as a warning about Windows updates
Good trading.
I got an advice from Windows that they were going to do an update, at 1103 CET and to save any work that I had. They gave me 20 minutes.
I had a trade open. SB, long on CAC and was up about 5 points. I was hoping for a rise over the 4500 level. Decided to put a stop at 4465, well down, because I thought that I would be back within a few minutes.
Lesson 1. Windows takes about 50 minutes, when it wants to update.
When I got back the CAC had taken a dive to 4468. I did not consider it worth selling because it was very close to a rising 60 av. Now, at present it is up to 4475. Could turn into a double bottom but, in any case, I am only trying to reduce a loss because my original trade has failed.
I'm not a novice at this and am , nowhere near, worried about my account. It's a disappointing morning, that's all, but I thought that I would post this as an advice about what can happen and as a warning about Windows updates
Good trading.