I have no choice, I'm taking another 50% off the table, this now brings UNG to just below a speculative position size from what was an oversized position.
The way I made the decision, I asked myself, "Would you buy UNG right here, right now?" From the charts right now, the answer is "NO", so I'll maintain a little exposure, but by and large I want to wait for these charts to clear up, there's no point in losing a profit that has been hard fought to win.
5 years ago
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