DislikedI just close my sell. Small pips but better than sorry. I should learn how to hold position longer like you guys.Ignored
And sometimes holding positions longer pays off, and sometimes the quick get out is the smart play.
Speaking of holding positions, it just occurred to me that I really have no idea where I should close out all this Gbp/Usd I bought between 1.2050 and 1.2400. Here? 1.3000? 1.3500? 2.80? (just kidding on that one) I just kind of bought with the idea in mind, "Well, I think it'll go higher more than lower from here". So, I guess I just pray that it kind of continues climbing indefinitely...or at least long enough for me to pick a profit target.
I did take off some of my positions at 1.2650, with an order in to buy them back 100 pips lower, and did roughly the same with Gbp/Aud, cashing some out above 1.7100, looking to buy them back around 1.7000.
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