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Lesson Learned: Not respecting the daily close for overnight holds
It's easy to get caught up in intraday momentum, especially on days with clear direction. I've been burned more than once holding a position into the close, expecting continuation, only to wake up to a gap against me or a complete reversal overnight. The market has a way of resetting its intentions after hours. Now, if I'm not comfortable with the daily candle structure or the potential for news, I'm just flat before the bell. Much easier on the blood pressure.
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