Attached above is the 4-Hourly Chart for NASDAQ 100 Index as well as my longs entry, stops placed and exit point. The positions in large contracts turned from heavy wins into heavy losses in just one sudden flip, and I am choosing to exit to preserve trading portfolio capital. It is a tough decision, since Funds Flow Analysis worldwide is still a no-shorts. Exiting positions with losses, -US$54,351 USD, from NASDAQ-100 Longs as part of risk management approach. Painful but adopting disciplined risk management since in the 4-hourly chart, selling is more impulsive than any rebound.
Above are the losses in ($) US Dollar (USD).
Below are the losses converted into (SD) Singapore Dollar (SGD).
Losses in this trade: -S$ 77,065 SGD (-US$ 54,351 USD)