That is a very mature way to look at it. You’re playing the long game by protecting your capital! In trading, "Live to fight another day" is the most important rule. Since you are planning to go back in with a Stop-Loss (SL), you are already trading smarter than before.🛡️
Since you mentioned it might "pump a bit more" before it "dumps," wait for a Lower High on the chart before jumping back in. This way, your Stop-Loss can be placed just above that new high, keeping your risk very small.
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