The Fxish That Got Away

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Sigh. I did it again. Great chartist, lousy trader. A couple of weeks back, I entered a long position on FXI March puts. On January 25, I sold them at a loss, and I felt good about that for exactly one day, since FXI went up more. You know what happened next. My puts are up over 70%, and I am absolutely certain they’ll at least reach the target I established in the first place, which is the gap at 29.54. Feh!