Dear David,
When a trader analyse and open a position it's common that the market won't go up 30-50 pips for example in one move, the price will fluctuate up and down before it's continues to the profit pips that a trader thinks it will reach that level.
So it's normal from the trader point of view that the market may go downwards when he go in a long position before it's go north, but unfortunately the price may go south and hit the stop loss (if specified). so I think it's normal that the trader will stick to the position and won't close it before it hits his SL.
Is there a way that we can predict the price will hit our SL before it do so to reduce our loss. I know it's a long question but I had red many times about the strange behaviour done by traders when they stick to a lost position.
What will you do if you encounter the same scenario, will you close your position immediately if the price move against you?
Thanks N Regards,