I tried out my "don't worry" exit strategy for Tennis trades that go wrong today, and although I wouldn't necessarily recommend it I've posted a video of how it works...
The first trade went exactly to plan (well I like to think it was a plan), even to the point of closing on the best possible price.
The second trade went very Pete Tong... very quickly... was > £30 red hedge figure at one point
There wasn't much I could do once it had happened so just had to resort to patiently sacrificing goats and chickens until the price came back down again. I think I was slightly lucky to get out of this one with a profit, especially as not much later on Beck retired.
The first trade went exactly to plan (well I like to think it was a plan), even to the point of closing on the best possible price.
The second trade went very Pete Tong... very quickly... was > £30 red hedge figure at one point
There wasn't much I could do once it had happened so just had to resort to patiently sacrificing goats and chickens until the price came back down again. I think I was slightly lucky to get out of this one with a profit, especially as not much later on Beck retired.
If it doesn't play very well (stops/jumps/stutters) then download it first (right click save as) before playing.
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