As I have proven that all in all out is the best method over the long haul, then a great way to go instead of scaling is an all in all out approach with tight stop. You can always get back in with full position if the market comes back your direction. The scaler will rarely have their full position on when the trade moves in their direction whilst the all in all out trader will. It's common sense.
please remove the rose colored glasses mr better all in out with no fixed target. The scaler will have smaller losses compared to mr fixed target who gets stopped out on the full position for losses instead of profits.
or the scaler will have a partisl on when the move comes because they are rarely flat,where the all in ,out has a 50/50 shot of catching the move,unless of course they know exactly where to get all in and then all out,but you already(deny) know that
Correct method is to enter all in with a tight stop less than 2% of TLNW. Enter again all in if stopped out and market comes back in your direction--again using tight stop less than 2% of TLNW. Much more effective and superior than scaling
Still the most salient thread on the site. The tenet has been proven over and over again. This is not a discussion of whether or not a particular trading program is good or bad. Rather, this is a discussion of how to make even a bad program perform better. If you have bad entries and exits, you will lose less by not scaling----if you have a good winning system, you will earn more by not scaling in or out. Very simple
Scaling out is no different than having 2 different strategies,both with the same entry,just different exits.
Trades that are executed at the same price must be entered using the strategy that one would expect to be the most profitable. Only a fool would enter a trade at a price employing two different strategies.