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by Vindicis 1512 days ago
Just because you think it's worth 45, doesn't mean everyone else agrees. You'd ideally want to stop out somewhat close to your open and reassess your trade, and maybe even reverse on a break under. I'd rather get out at 38 and look at buying in again at 30 than holding and hoping.
1 comments

If you think it's worth 45, why would you "get out at 38"? And why would you think it'd go down to 30?
> why would you "get out at 38"?

because your strategy/estimation looks like not perfect in this case, and you may consider to cut your losses at 38, and not become broken if it goes down to 20.