$DODOX Stop Loss, Acceptance, and Move On
Unfortunately, the long DODOX order hit the stop loss. The price didn't continue to rebound as expected after the "short closing to long" phase, but instead reversed and fell, sweeping through the 0.0185 zone.
The important thing is to cut losses according to plan and survive to fight on. No one wins every trade; sometimes the market goes against expectations. Accepting small losses preserves capital for future opportunities.
Looking back at the plan: Long $DODOX trading plan (10x)
Entry point: 0.0194 – 0.0202
SL: 0.0185 ❌ (hit)
TP1: 0.0212
TP2: 0.0225
TP3: 0.0245
When the price broke below 0.0185, there was no reason to hold the order. Cut your losses, learn from your mistakes, and look for other opportunities.
Did any of you get caught in this trade? Comment below so we can all learn from each other's experiences.