i take trade on 8th jan in tatasteel and got hit my stoploss.i know its a part of game but it repeats all the time. i’ll share my chart please tell me where should i take my stoploss. my ratio is 1:1.25. but after hit my stoploss i hit my target also.where i get wrong please tell.
i take trade because
1.in 15 min time frame it consolade so after break down i take trade,its short trade
2. entry was at 117
3.sl 125.65
4.Target 105.60
It seems on chart there is a node on left side & no entry found, might have take support and reverse the trend,
SL should be opening of the first 15 min candle.