Profunds index and sector trading

[hk2]

EW is not a PREFECT tool

Exactly - which is why some folks define exit points along the way


If I had taken a profit at that point and the market continued lower, I would be getting the same crap.

I beg to disagree. I've NEVER seen anyone catch flack for taking a profit. And the question wasn't concerning closing your ENTIRE position, just banking a PORTION of your profits.

I also don't see you catching crap for staying with a full position. I do see others seeking to understand your trading philosophy wrt maintaining your full position vs. taking a percentage off the table when profits are offered. If it's just "That's the way I trade", then that's OK by me. Just say so.

Part of the learning process is questioning what you don't understand. Don't take it personal.