Moral of the story, if you have a good entry and have conviction behind it - LET IT RUN.
Too many time have I cut a trade short because of some bogus news, not sitting on my hand, or just not having enough conviction. If your confident and the price starts running, put your stop loss in profits. That way if the worst happens at least you made some profits.
I entered at literally the bottom of this and knew it was a great spot, but like many times I close to early. Who knows it might correct again and i can get a better entry haha.
Too many time have I cut a trade short because of some bogus news, not sitting on my hand, or just not having enough conviction. If your confident and the price starts running, put your stop loss in profits. That way if the worst happens at least you made some profits.
I entered at literally the bottom of this and knew it was a great spot, but like many times I close to early. Who knows it might correct again and i can get a better entry haha.