DislikedUp about 70 pips over 3 positions should I close or hold over weekend?Ignored
All I can say is that putting a SL has no effect at all. No matter where your SL is, if market opens with a gap far beyond your SL level the broker will close the trade from that opening price which is in favor of the robber banks. So for those who decide to leave their trades open, the only advice is to be ready at your screen as soon as market opens on Sunday night and decide at that moment what to do manually.
In other words for weekends you have 2 options:
1) You close your trades. (Decision is made because you anticipated that market might open with a negative gap that steals back your positive gains)
2) You leave them open for weekend. (Decision is made because you anticipated that market could open with positive gap and expand your profits)
My 2 cents..
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