"Scaling out" is inferior behavior

Scaling in and out is a higher probability trade however, its hard to be successful at this doing short term trading situations eg day trading 5-10 minute intervals, its much better for swing and position trading.

 

a trader makes more trading the market,a mule trades on ideals

 

Not if the position is removed from being stopped out

 

Removing entire position and reloading enhances a trade idea. Removing partial position and reloading enhances the psyche.

 

printing this over and over may enhance your psyche ,it's wearing me out

 

Math is the same regardless of time frame. Scaling in and out is inferior to all in all out over the long haul.

 

Conventional Wisdom says you're right. Actual historical testing says you're wrong.

 

FALSE

 

Had you scaled out half of your ES short at 1070 today you would have more profit once again.


TRUTH

 

Actually--if I had removed all the trade at 1070, I would have been more profitable than if I had scaled-- If it makes sense to take some off, it makes sense to take the whole position off.