Venture Corporation hit the cut loss point for protecting capital first. Yes, it may rebound back and continue its uptrend but that is not the point. Ruled based trading means you follow the technical rules and don't think. If trend continues with the right technical signal, that you can buy back.
Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.
Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.
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