I exited early on this trade and missed out on a lot of profit. The correct move would have been to take some profit off the table and let the rest run. If I had let the entire position run, I would have made approximately 5 times what I made by exiting early.
About The Author: Hugh Kimura
Hi, I'm Hugh Kimura and I blog about how successful trading can improve your lifestyle and how a healthy and balanced lifestyle also plays a huge part in helping you become a successful trader. You can also follow me on Twitter.
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Great stuff as always Hugh!Keep“m coming!
Thanks!