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Your profit target is reached. Now what?
Excerpt from the issue, sent .
A later high can make an earlier exit look disappointing. But at the time of the decision, the choice was between an available gain and the possibility of more.
A target reached early can still satisfy the original trading plan.
Once a target is reached, holding for more means reconsidering that plan. A continuing trend or new information may justify doing so. But is the decision based on what has changed in the trade, or simply the desire for a larger gain?
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