I'm shorting the S&P here with a 3800 stop loss.
This way I know my risk.
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I'm Guessing he got in at $3720 or lower and sold at $3780. Now it's consolidating sideways. So, I took profit around that stage too but how do you know when to get back in? Wait for it to drop, but what if it rips higher and you miss it because you took profit?
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