Take a look at the chart below.
Things look honky-dory and peachy-rosy in the circle right? The green candlestick was moving steadily upwards and that was very nice and that was very kind of Tradefort for allowing the clients to make some fortune. Ha ha
But, if and only if the buy-order was executed at the very early time before the candlestick ascension. A cool 13++ pips as a reward was in store.
My story was different since I executed the buy-order in the middle of the ascension. During this time, much to my chagrin, the bloody chart started fluctuating like crazy!
I did put the stop-loss measures but again and again all were gone to heaven.
And there were instances where I didn't manage to put the stop-loss because the bloody candlestick was moving against me rapidly! Kah kah kah kah kah kah!!!!!!! Dang!
There went another 4++ pips down the drain. Again.
I was hit. It was like being hit right in the chin. It may shatters us.
But, I will live to trade another day.