BURL, Burlington Stores Inc. - Stop Loss on Broadening TriangleNYSE:BURL
It is never a question of being right or wrong, but rather of being too early and being thrown out of the market before the asset's actual direction.
What we need is an event that allows us to systematically decide to enter Long or Short, in our case the patterns of technical analysis.
We are trend-followers and we gain from price movement, so we could call ourselves "Price Change Traders".
In this case the price had triggered our Stop Loss.
Stay Tuned!
