I keep cutting my winners

Third rule: Beware of those who claim there is only one way to do it.

 

As always you are late and wrong to the party.

 

Happened with me this month.

Not taking tips or engaging in office talk, but getting sloppy, unfocused and greedy after a very good September. The result was a drawdown this month.

 

Oh, so there is only one way to do it? That sounds vaguely religious. Be sure to tell your one true god that I said hello.

 

You are wrong again, I am the opposite of a religious person. Keep barking

 

A vague and angry post. Are you sure you're getting enough roughage?

 

This sums it up. Years ago I found that using a trailing stop the height of the first wave, since I'm trading a reversal price pattern based on the first flag, would have worked fine and made a lot more money than just getting out when I think I have "enough" profit.

Currently long UCO, will try it and report back. *edit- already bailed, sold for slight profit

And I just cut about five winners the past few days. Not easy buying them back at this point.