After a promising start to the trade on 08 April in line with the original entry plan, the AVI long trade failed to gain the necessary momentum with the stochastic working off it's oversold condition and price painting some choppy daily candles. In line with plan management, after 5 days I started tightening the stop-loss using a hard-stop floating 1c below the 3 day low level. The result as shown below sees the trade stopped out today at R77.45 (R77.75 entry) for a 0.3% capital loss. Comfortable to take small losses where trade moves don't work in line with plan.
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