($19) Loss
NEMLong Stock

A near perfect read without the proper stop-loss execution. On the five minute chart watched for a higher-high and bought as soon as one emerged at $31.57. Set the stop at $31.46 the bottom of the previous candle. As the candles began making higher-lows I began moving my stop-loss to the bottom of each one. I got stopped out with a random dip to $31.55. Moving forward I will move my stop-loss only into profitable territory to allow the pattern to fully play out.


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