A Trader Journal

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Short - IWV - Part3

Prior two posts on IWV short trade can be found here - before entry and before 1st target. Today IWV triggered the break even stop. Some might have locked profits on part of the position if they had sold on next day at open (details in 2nd post) without waiting to reach the dashed line on charts. What is more important is not loosing money. So getting out as break even is still a plus. Chart has more details along with my current thinking about market direction.


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