Reduced Risk Off

• Promised myself not to let open profits slip away.
• Was +64% (!) mtd at yesterday's best levels. Risk On rally now has brought that back down to +42%, which I intend to protect at all cost. So, cut first, question later.
• Stopped out short EUR/USD @ 1.3071
• Stopped out short Copper @ 3.365 (downside break of weekly triangle unlikely tonight now?)
• Stopped out short Cable @ 1.5544.
• Overall Risk Off reduced by 70%. Left now with short Corn + long USD/SGD.
• Look to re-build Risk Off slowly. Nothing has changed. But the fact that P&L can drop 34% in a matter of hours probably means that I have built up risk levels to too high. If I have to get back in later at worst levels than where I have just cut, so be it.