And the next two days shows you why I like running profit targets! Can you imagine "wasting" all that profit? Not only that, but if we didn't get out where we did, we'd be close to getting stopped out for a loss! Talk about adding insult to (potential) injury, no thanks!

It's too difficut to predict what the market will do next. No one knows for sure. Anything can happen. And unless you're prepared to run some pretty big stops to ride out the swings you could be sucking up one loss after the next looking for the "home run" trade. Sound familiar?

Better to take a solid signal and take your profit when you have it, I say. There's a lot of truth to the saying "you can't go broke taking profits". The key of course is to take profit all the time, before you have a chance to lose it. Sometimes it's easier said than done. But not being greedy plays a really big part in the equation.

Erich