SPDR S&P 500 (SPY)

[2bit-nothing]

LBI,

Leaving profits on the table is very common. I bet all of us have the same problem. Not only that, many of us cannot overcome the psychology of getting right back in if you realise you left the train too early.

My 2 cents, like Blasher said, use 5 min for entry/exit and zoom out for trend using say 30 minutes.

I exited today just about the time you guys did. But the 30 minutes show down trend was still intact and I went right back in to grab the profits from the table. Not as good as the original whole nine yards but just be thankful that no money was lost. Also, bear in mind if you can come to the realization that you can only catch 70-80% of the move counting into slippage and other obstructions, then you are one happy person.

Good trading to you.

da 2bit