Sunday, 15 July 2012

I was thinking of closing out the long H4 AUD/USD trade last Friday so as not to hold over a long weekend, but I thought, what the heck, there isnt any Summit meeting over the weekend so it should be ok to hold...
Come Monday today, saw theres a conflicting sell trade on H1 NZD/USD and thought I should just close the AUD position and take whatever pips there are. But then I wanted to stay true to my trading rules which tells me to wait to trail the stop loss at 0.9R....So here I am trailing it....I realise that this dilemna is present in every trade I take. I am beginning to see that its a waste of time to experience any of this  because there is no answer to this uncertainly. The only sure and certain thing you have is: your trading rules. So I always go thru the second guessing and still come to this conclusion: Follow the damn rules!

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