I'm more of a swing trader with positions lasting sometimes a few days. Would anyone have any suggestions/recommendations on if you are in a position, and a news announcement looms ahead, on what to do? Do you stay the course with the originial premise of your trade, or bail out with whatever profit [hopefully] you are holding, because that NFP report could wipe your gains out and send you into the loss column. And of course, that same NFP can catapult you into even more positive territory.
Any thoughts would be greatly appreciated, since I've thought about this quandary from every angle.