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Scaling out of your trades
http://www.financial-spread-betting.com/Trading-money-management.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Exit strategy for getting out of winning trades. Scaling out of your trades and strategies for doing that. What is this all about? Scaling out is having a position size and closing it out in chunks. What are the advantages/disadvantages? Redoing.
Tactics For Scaling In And Out Of Trades: The reason you would scale out of a trade is if you think you have a potential move ahead and you think your stock could go higher but still want to force the trade to make you some money in case your expected move doesn't materialise.
How do you structure this? You could use key levels, per cent moves, time depending how you structure it. This also stops you from exiting and wanting to immediately get in again if the market you're trading continues moving in the direction you were anticipating. And you would want to get involved again if you're a short-term trader.
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https://www.youtube.com/watch?v=pp8zsFrAYasAbout the Site 🌐
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