Preparing For Frustration

It certainly is frustrating when I string together a bunch of losing trades but another point of frustration is when I'm in a winning trade and a big move happens right after I exit.  This happened to me on Friday after being in a GBP/USD position for almost two days.  At 12:19 p.m. EST on Friday, I closed my position because I didn't want to hold it over the weekend and also because I didn't expect any more upward movement for the rest of the day.  Immediately after closing the position, the pair shot up another 50 pips and it held at this level for the rest of the day.  This happened in less than 30 minutes and had I stayed in, this quick move would have added an additional 50% to my profit.  I know this is looking in hindsight but nevertheless, it did frustrate me.  

The profit on the trade didn't turn out too bad, 1.7R or a 92 pip profit on a 53 pip risk.  It could have been at least 2.7R had I stayed in.  

Feeling frustrated about this trade will do absolutely nothing positive for my trading.  I felt absolutely comfortable exiting when I did and if I had to do it all over again, I would have.  Looking at "what if" isn't necessarily a bad thing though because it teaches lessons that can be used in the future.  I also have to look at the possibility that I could have lost my profits by staying in the position.  On this particular day, the pair continued its upward movement but on another day, it could just have easily done the opposite.     

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