Hold onto winners, hold onto winners!!!
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I've mentioned previously about holding onto winning trades and cutting your losers. I am great at cutting out my losing trades early but holding onto winners? The urge to take profit early I think is my current weakness. The sight of profit gets me salivating! Anyway, my first trade was a short at 136125.. the market had failed to get above a previous high of 136150 on the 24th March and the stochastics in the 5 mins had topped. I took profit early at 136025 for 4 prices to find that the mar