I cannot believe I dumped my 2X long oil ETF positions when oil only hit $42/bbl.
Oil is now $48.60. Unreal. It ran from $33/bbl up to $48 in ten days.
One fund I bought “UCO” is now up 70% but I sold it after only booking just the first 15%.
My common mistake in trading is selling early. I gotta break that habit this year. I need to learn to put in a trailing stop under my position and then just let it run and gather profits.
I can pick ’em. My timing is often great. But I sell too early.
