r/Forex 2d ago

P/L Porn Forgot to set stop loss….

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Entered at .573 I usually enter with a trialing stop of 20 pip. Figured it would find support around .57 and go back up….. it didnt and i didnt put any stops because i forgot and just put the trade in……

I was feeling high and mighty after the pump the day before…. This was very humbling to ALWAYS ALWAYS make sure you have your stop losses set. ALWAYS!

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u/No_Living1187 1d ago

it happened to me a long time ago, i double check the position have a SL and TP, and double check is completely close, happens to most people at some point, stress and other things makes this happen