There was a period where t caught a period where there was a wedge forming. The good news is that I observed the wedge. i had a position of having coin and I didnt know whether it would be going up or down.
What I should have done was to set up a stop loss to cover me on that scenario. i was dithering on whether it was going up or down. I could have covered the down with a stop loss and the up would have be dealt with.
I am now 10 percent down of where I could have been.There would have been no risk if I had taken this approach.
Hopefully this makes sense to everyone. If you are not sure on which way its going cover the adverse way with a stop loss of in this case its a stop loss to make you some money.