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Nov 09 2017

Close Short Bond Trade from last night

Given the Republican fumble with tax legislation, and resulting equity weakness, we are going to go ahead and close out this bond trade. We are flat minus a few bucks for commissions.

The key point to highlight here, is that you must be mentally flexible with your trades, and protect your chip stack at all costs.

With today's news, we now see bonds bid off their lows, and forming a doji reversal candle - No need to stick with this trade now, as there will be better setups elsewhere.

Good Trading.

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