DislikedI agree but I decided to put in long for this one and to be modest, I decided to take profit and .270.
Am I too scared? hhehe
Thanks.Ignored
1) Why go long here? Can you articulate precisely why you should go long? Do you see a reason on your charts? And, is the reason actually there....or are you merely seeing what you wish to see?
2) Why take full profit at 2700? How did you pick that target? Can you explain why? If you have a winning trade that runs from here to 2700, under what circumstances would you take a partial profit and let the rest run? Under what circumstances would you take full profit? Can you articulate as such?
3) Do you have a stoploss? Is it large enough to let the market "breath" but in line with your money management? Are you positive you're not overleveraged?