Should have also followed my gut feeling to exit a losing trade early to avoid a full stop loss. However, hope always prevented me from doing this. Hope that the price reversal was just temporary. Hope that prices would move in my favor again. Also, afraid that should prices go in my original direction again, I would miss out by not sticking with the trade. Need to jettison this and just bail at the first sign of trouble. Just leave hoping to the Mega Millions and Powerball lotteries.
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