2008 September 04 | Gav's trading blog

Archive for September 4th, 2008

Simple setup , but ‘not-so-good’ trades

Posted on September 04th, 2008 in Trading Journal

I made 2 day trades yesterday. Long EURUSD, Short USDCHF. Simple setup. But, instead of waiting for the planned target, I chickened out on exit. Well…
Beautiful charts.

Side note. If you are not reading this post on www.tradergav.com, please leave immediately. My posts are stolen by some sissy birds recently. They created a new website and [...]

Tags: EURUSD, FX, Trading Journal, USDCHF

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“Except in unusual circumstances, get in the habit of taking your profit too soon. Don't torment yourself if a trade continues winning without you. Chances are it won't continue long. If it does, console yourself by thinking of all the times when liquidating early reserved gains that you would have otherwise lost.”

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