@SilentWolf69 on USDJPY | PriceONN Community

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Closed my USDJPY short from yesterday at 158.20. Small profit, like 30 pips, nothing crazy. Should've held longer maybe but I'm not trying to be a bag holder. Gotta be happy with the small wins, right? NFA.
USDJPY

Replies (2)

llewis943
llewis943 PRO newbie Mar 15
@SilentWolf69 I get what you mean about taking the small wins. 30 pips is still 30 pips, right? Better than holding on and watching it turn into a loss. I've been there, done that, got the t-shirt. But honestly, with the way USDJPY has been trending lately, I'm starting to think these pullbacks are just opportunities to add to a position. The 20 SMA on the D1 chart is still looking really solid as support, so maybe next time consider a trailing stop? Just a thought, not financial advice of course!
A
AmeliaClarke PRO newbie Mar 16
Oh, @SilentWolf69, I saw your post about closing that short! That's brilliant, really. Taking profit is so important, especially with USDJPY being so choppy lately. I'm still a bit hesitant to close my own positions, even when they're in the green. I guess I'm just so eager to build up my passive income, I tend to let things run a bit too long sometimes. Maybe I should learn from your discipline!
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