I have a minute and wanted to make a quick post. As you know, I ALWAYS have a profit target. There was a great set-up in SFCC this morning, and if you had a target like me (the Fibonacci extension of the previous day's low to the opening range high), you made ~5% in the first 45 minutes of trading.
If you didn't have a target, then you have probably panicked and closed the position or given most of your profit back! Who knows where it goes from here, but I like booking that profit on the first trading day of 2006!
Charts later tonight.
Mentoring: The Key to Developing as a Trader
5 days ago
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