1. Greed? Saying I'm not making as much as I could. I only made this much. I could make so much more.
2. Implemented trade even though TICK was flashing contradictory signals. ALL INDICATORS NOT PRESENT.
When to cover?
1. If TICK and TRIN are in your favor, don't cover.
2. If you think you have made big profits, relative to the market, and you won't be around, cover. Eg. Yesterday was a 40 point break, over two days in a market that up to that point had been rising. That's enough. The indicators were saying "this is enough for now." WAIT. Go outside. Meditate.
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