During these trying times, it's hard for an uptrend or breakout trader to make gains. My paper trades on downtrends have been a mixture of hits and misses. Real trades on downtrends have been mostly misses.
So when I found an 'easy' trade, it was a simple decision to go all in.
This was during the first breakout. Sold it all at a good profit.
But lo and behold, there was magic happening everyday and it formed one of my favorite formations, a flag. So after setting my strategy to trend following, here it is right now.
How long before I sell? Who knows? I'm still waiting for the magic to run out. But the signals are getting better and better. The big bad bear is still in full force.
Good thing beer is in demand during bad times.
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Update 02.02.2016
Sold half yesterday and sold all at the open.