Hi, How do you AHG traders deal with keeping your long position when it makes newer highs for the day and shorts when making LOD's? To me, it's a psychological barrier because I am able to identify trades, but i find myself saying "fuck, i should have let price taken me out". in other words, i exit trades pre-maturely because I "feel" HOD or LOD can't move anymore, but it does.
For me, if the HOD looks like a large area of resistance on the chart combined with being the HOD, I would take off half, and hold the rest. If the HOD has little resistance, I would be more lenient to let it run. The same for LOD and strong/weak support. Looking forward to hearing other responses.