HSI Loss

My first planned trade that made a huge move against me. By sitting tight and averaging a losing position (please never attempt this), I reduce $2k loss to $500 loss.



THE LESSON:
Set a cutloss before entering trade and stick to it.
(this lesson will repeatedly appear in an amateur trader's life)

Updated May:
System still in short mode at that point.
Long signal appear 1 day before the rally.