MA Trade… I covered.
I hate being greedy, and the ‘easy money’ move to the down side has occurred, so I took my profits. I thought it would take a few days, but sometime it only takes a few hours.
It is still overbought to go long, and could still trace downward.
FYI… I have been using the term ‘easy money’ a lot. I guess I am just referring to the fact that when I take a trade on, at what I think to be the very top or the very bottom, that initial move (which in my eyes appears to be an almost certainty) is ‘easy money’. By no means do I think trading is ever ‘easy money’… this stuff is hard, and I take pride in over coming the difficulties.
