Every experience trader knew how important a stop lost point meant to them. A stop lost ensure you to have sufficient capital to fight back your loses, and not let your capital faded with a terrible trade. But in reality, it is very hard to execute it. Let's take an example.
When it fall below neck, which is around 8.40, it is a nice short opportunity. But when you see the stock price drop almost 20% with only 2 days, it is not a good idea to short it anymore, especially market is in intermediate bull trend, so we might wait. And here we miss the chance.I post the URL for PCX at the top of this post, let's see what happen next.
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