$SPX Trading Bible

$SPX Trading Bible

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$SPX Trading Bible
$SPX Trading Bible
We are on the last legs of this rally..

We are on the last legs of this rally..

Quick Monday update - Reminder to take profit

Frank's avatar
Frank
Apr 03, 2023
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$SPX Trading Bible
$SPX Trading Bible
We are on the last legs of this rally..
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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…

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