Ignore the lagging span and get punished

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While everything indicated a bullish uptrend, I was punished by not waiting on the lagging span to exit the cloud/be above the cloud.

The lagging span is known as the first indicator to signal a bear market and the last to signal a bull market. As you can see it would have protected the trade on what ended up being a misjudgment.

Misjudgments like this should not happen when using a concrete methodology behind your trades. Misjudgments do not have to be losses either.

Penafian

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