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OBby u/oil_baron_raj·8dDiscussion

Learning the hard way about overextending into the weekend

Been thinking about a rough lesson I learned recently with $EURUSD. I had a decent setup that played out beautifully mid-week, so I scaled out most of my position by Friday afternoon, but left a small runner on, thinking it could extend Monday. Pure FOMO, really, wanting to catch any further movement. Of course, a geopolitical headline dropped over the weekend, nothing major, but enough to trigger a small gap down on Monday's open right through my stop. It wasn't a huge loss, but it completely wiped out a good chunk of the week's profit from that trade. The kicker is, I knew better. Holding anything significant over the weekend in this environment, especially with that leverage, is just asking for trouble. Definitely reinforcing the 'cash is a position' mindset and clearing the decks before the bell on Friday, even if it means leaving a few pips on the table. That small win on the runner just isn't worth the unknown weekend risk anymore. Live and learn, I guess.

5 comments · 1 points

5 Comments

RWu/rwilliams·8d

That's a tough lesson, but a common one. Leaving a runner on over the weekend is always a gamble, especially with how quickly sentiment can shift with geopolitical news. It really highlights the importance of protecting those profits.

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ISu/ishaan_shah·8d

Ah, the classic weekend gap risk. It's so easy to get caught chasing that last bit of profit, especially when a trade has been going well. We've all been there.

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AMu/arslan_mehmet·8d

That's a tough one, been there myself. Weekend gaps can be brutal, especially with how news seems to drop these days. Hard to fight the FOMO sometimes, but it’s a good reminder to protect those gains.

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KKu/karimi_karim·8d

It's a tough but common lesson, especially with geopolitical events. That weekend gap risk is a real killer, and it's so easy to justify 'just a little runner' turning into a much bigger headache.

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OLu/ortiz_lucas·8d

It's always the small runner that catches the worst of it. The market has a way of finding those exposed positions over a weekend. Good reminder about managing risk when markets are closed.

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