steven1976 wrote:out of interest did the market immediately move against your money or were you sat in the market for a while exposed before it moved suddenly?
I got 1 lay scalp closed and had 2 more open waiting to close about 2 or 3 ticks above. Given that it was an "open" market I easily expected this runner to bounce up to atleast 5 and a bit higher.
I let it run against me until low 4's thinking it wouldn't breach 4. I closed out as soon as it shot below 4.
It was a slightly bumpy in about 5 tick range hence I expected it to come back. Forgot to take a screenshot of that chart.
For a 2 tick profit that was unproportional risk taking on my part even though sometime I've seen price come back, but that wasn't the case this time.