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Oh believe me, in my first few years of trading I've had many 'deer in headlight' moments. It's a horrible feeling. The moment I asked myself while in a trade : I didn't expect this ... what should I do now ? That's the moment I was lost. Now I prevent these situations from happening by employing rules for position sizing and exit management. Active hedging might be another way to go but like I said it doesn't suit me.
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