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These Monday Trades have been making me a little nervous lately. Case in point is this last trade that I did.
Instead of letting price run its course, I closed the trade early. This was a case of watching the trade too closely when I should have just went to sleep and let it run.
The result was a gain of less than $1, so not even 1%. Well, I would rather take a small gain than a big loss.
In hindsight, this pair has had a definite downward bias so I should have taken that into consideration and given the trade a little more room to operate. Lesson learned, on to the next one!
If you enjoyed this article, you might also like:
- Another Great Monday
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- 2009-12-28 GBPCHF Monday Trade
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