Well, she ripped up to nearly 148, but I was sleeping while it happened and didn't take any of my longs off.
However, I'll be the first to admit that even if I were awake, I most likely wouldn't have taken profit. That's not the type of trader I am.
Even with this nasty slap back down, I'm holding longs. I got my position on over the last two days and it's slightly in profit here at these levels in the 146.50 zone... I'm not giving it up until we get a good, long run on this (or I get stopped out of course).
Sometimes it retraces like this and you say "if only I'd taken profit, I could be adding it all back on right now"... but it's easier to make that trade in hindsight and a lot of the time, this baby doesn't turn back and you end up leaving a lot of money on the table.
In a perfect world, we'd all catch the tops and retraces, etc. but that's just not reality.
Holding strong baby!
However, I'll be the first to admit that even if I were awake, I most likely wouldn't have taken profit. That's not the type of trader I am.
Even with this nasty slap back down, I'm holding longs. I got my position on over the last two days and it's slightly in profit here at these levels in the 146.50 zone... I'm not giving it up until we get a good, long run on this (or I get stopped out of course).
Sometimes it retraces like this and you say "if only I'd taken profit, I could be adding it all back on right now"... but it's easier to make that trade in hindsight and a lot of the time, this baby doesn't turn back and you end up leaving a lot of money on the table.
In a perfect world, we'd all catch the tops and retraces, etc. but that's just not reality.
Holding strong baby!
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