Very important to have trading plan in place before take any position … if price move again is and we take loss and admit we are wrong … move on to next one … else the stock move down futher and will have substantial loss
I do trade at rm 5 also …. I took loss when it breaks 4.98 … and I prevented substantial loss !
The only thing we can do and I suggest to do is stay focus to execute urs trading plan. no panic and stay calm