I keep noticing that I'm doing much better entering a trade, but when I'm in one and it moves the direction I predicted, I consistently get out way too early. For example, I shorted USDJPY this morning at 145.18 and then got out at 144.84. I am now watching it down at 144.55.
I don't expect to be able to grab all of that, but a little more of that run down would have been really sweet. I guess I just got to thinking in my head "it can't go any lower" and I jumped out.
I'm reading a lot about strategies to enter a trade but not much about strategies to exit. Any suggestions? Good places to learn about exit strategies?
Squid
I don't expect to be able to grab all of that, but a little more of that run down would have been really sweet. I guess I just got to thinking in my head "it can't go any lower" and I jumped out.
I'm reading a lot about strategies to enter a trade but not much about strategies to exit. Any suggestions? Good places to learn about exit strategies?
Squid