I have closed this position for no profit or loss. I entered it to play a risk rally. The rally happened, but I never made enough on this trade to take a profit — and it was more an equity than a risk rally. This was an instance where I should have believed one of my own sayings: one thing is not another thing. I should have played an equity rally by buying equities. I would still have been able to get out now, at the first sign of things turning around, but for a profit.

Advertisements