I tend to partial out of my positions. I like taking half off as soon as possible. This way I bring my stop to break even and I am risk free. A risk free trade certainly takes alot of the emotion out when managing a position for me. I can give the trade more room sort of speak.
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I've gotten over the hard part of trading which is the psychological part, now I need to figure out the plan I need to implement.
I got all night to think about this while at work...yeah, it sucks but I need to pay my dues. *sigh* |
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Ive been there wsam29... a trader travels through one heck of a journey. (at least I did) But you know, the challenge is the fun part.
Adjusting setups, designing new setups, letting that creative mind think is one thing I truly enjoy about trading. Best of trading.