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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: SE who wrote (1567)7/22/1998 12:45:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
<Had I held, in hindsight,>

Perhaps but you have to have (at least) a mental stop, if not a physical one.

Entries are as important as exits and usually you will find (as time goes on) that you are better off not being in a trade at all.

For my own part, I sense a bit of fear in myself as in one day I beat my usual weekly target....hell, one morning. So I'm reluctant to assume the "risk" of giving any of it back. So my next one will be well thought out and probably will come between 2 and 3 ET and quite possibly I will hold half of it into the close.

Except for that and the outside shot that I may "see" something I like, I'm pretty much finished for the day.

The fictitious bond trade is doing okay, as well. After getting to 123.07 it's now at 123.03