We are on the last legs of this rally..

Quick Monday update - Reminder to take profit

One of the most common problems among traders is they fail to take profit when assets are ripping and don’t sell until a big red day. This is just a reminder to not fall into that trap. I trimmed a lot of my longs today, about 70%. I also tightened up the stops so the rest of my gains are secured as well.

I am very close to turning bearish, not quite yet…