Quote:
Originally Posted by PaceAdvantage
Not ideal...but going to have to get out of this trade earlier then planned...won't be in front of my screen for the next hour...and don't think holding over the weekend is a great idea given the propensity for this market to turn on a dime lately...
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So here's the deal.
According to this thread's method, I should have held over the weekend. So once again, I'm already breaking the rules in a thread where I said I was going to follow the rules 100%.
So depending on where the market opens up on Sunday evening, I might get back into my last trade at around the price I exited on Friday (1930.70).
If that's the case, then it will still count as one trade (not two).
I let fear get the best of me on Friday. Holding over multiple days when the method says to keep holding is how you get those 90 point profitable trades.
Psychologically, it's much easier to hold over multiple days during the week since the market only goes dark for 1 hour each evening during the week.