I seem to have developed an amazing ability to close my shorts as the momentum moves lower. I’m currently in a situation with no shorts after closing my last two short positions for a small loss. Why? I’m really not sure. There was a large move higher and I thought I would get a better chance at a short at a higher level. Greed, naked greed.

So now I’m sitting back watching the markets move lower without me and the lovely 13 euro position I had built up. If ever there was an example of bad timing I seem to have become it. For now sit and wait.

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