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abstrak:Let's see how much of this data has made its way into your brain. Here's a quick review of the guidelines for scaling in and out of trades safely.
The coolest guide on scaling in and out of your trades EVER.
Let's see how much of this data has made its way into your brain.
Here's a quick review of the guidelines for scaling in and out of trades safely.
Stops should always be used.
If the danger of your COMBINED holdings is within your risk comfort threshold, only add to losing positions.
If you add to winning positions, always trail your stop to limit the extra risk that comes with a larger position size.
BEFORE you enter the transaction, calculate the correct position sizes and where you will add to/remove from your position.
Scaling into profitable deals works best in trending markets.
In range-bound markets, scaling out works effectively.
So now you know how to scale in and out of trades correctly.
Always obey the rules, and you'll eventually come across that one move that will net you some significant cash!
Disclaimer:
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