stops are a really special art arent they!?!
Went short ftse on friday at 4594 and again at 4604. Quite concerned this morning to see 4640!
Also had a short on xta - so was a little concerned!
Put a stop on xta at 777 but no stop on ftse.
Ftse now in profit a
and importantly did not crystalise a loss!
Xta - with my stop - was filled at 791!!! Crytsallising a nasty loss! Xta now trading at 781!!
I understand the importance of stop losses but i really struggle to use them successfullu in such a volatile market!
Any suggestions welcome!!