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  • tanishasahu0911

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    4 months

    How do you handle chop ?

    \[small timeframe trading\] \[price action\] You see an established downtrend with no major support before your TP You enter your position. Price action goes sideways for 30mn What is your policy in such cases and why ? Tighten your SL ? Exit your position ? Take partial profits ? I'm curious because I'm always torn between "Exit when the market starts to chop" and "let it be" In the example below I decided to exit and since the price hit my intially intended target I'm second-guessing my exit. In my mind there was a weak follow trough, and that's why I exited. [FTSE, 8th of january 2025 12:45 PM UTC](https://preview.redd.it/fblwxl4s7sbe1.png?width=839&format=png&auto=webp&s=b3f1d5b293f33b49c40b7f7384c921dd2ea852d5)
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