$DUSK Execute Stop Loss, Accept, and Move On
Unfortunately, the Long DUSK order hit the stop loss. The price didn't continue its expected "relief rally" but instead reversed and fell, sweeping through the 0.12700 area.
The important thing is to cut losses as planned and survive to fight on. No one wins every trade; sometimes the market goes against expectations. Accepting small losses (even with 20x leverage requires extremely tight capital management) is crucial to preserving capital for future opportunities.
Looking back at the plan: Long DUSK trading plan (20x)
Entry point: 0.13200 – 0.13350
SL: 0.12700 ❌ (reached)
TP1: 0.13550
TP2: 0.13800
TP3: 0.14200
When the price broke below 0.12700, there was no reason to hold the order. Cut losses, learn from the experience, and look for another opportunity.
Did any of you get caught in this trade? Comment below to share your experiences.