Best trade.

I would like to brag a little here, only because it's my place, so I can! ;-)

I managed to make good (61) pips while sleeping. This is definitely the key here. I wasn't able to screw the trade up. This brings up an interesting point.

For a lot of traders, myself included, watching the trade is the worst thing you can do. It's sad if you think about it. But, it is certainly understandable. How many times do we see trades going up 5 pips, only to go down to our stop-loss? How many times have you said, "Damn it, if I would have just taken it as a scalp!"?

This is one of the hardest parts. It's like being right AND wrong at the same time. What a bitch. But, I have found that the largest wins I have had, have been the result of not being able to chicken out after 12 pip gains.

Freedom is why we trade. (Ok, one of many reasons, but a huge one none-the-less.) My favorite trade of all time was executed while I was at the zoo with my son. We came back, and daddy had 75 pips appear out of the blue. Can't argue with that. Giraffes and pips, what could be better?

The point is this: Accept the risks. Have a point you NEED to get out. And more importantly, have a PROFIT TARGET.

Don't spend your life in front of the monitor. I know a few people that are always watching the markets. It's not a bad way to learn, but do it in moderation. Go out and enjoy something else while your money is working for you.

Otherwise, your quality of life is going to be shit....