"Scaling out" is inferior behavior

Discussion in 'Strategy Building' started by Buy1Sell2, Oct 18, 2006.

Do you scale out of positions?

  1. I always scale out

    113 vote(s)
    14.1%
  2. I scale out most of the time

    228 vote(s)
    28.5%
  3. Most of the time, I do not scale out

    189 vote(s)
    23.6%
  4. I never scale out

    270 vote(s)
    33.8%
  1. ktm

    ktm

    Thanks Maverickz!
     
    #1611     May 8, 2016
  2. md2324

    md2324

    Thanks Maverickz
     
    #1612     May 8, 2016
  3. Buy1Sell2

    Buy1Sell2

    This assertion was never made. I said that I can know as a top is being made etc. (paraphrasing of course)
     
    #1613     Dec 10, 2016
  4. Buy1Sell2

    Buy1Sell2

    Higher win rate is not a prerequisite to trading highly successfully.
     
    #1614     Dec 13, 2016
    Handle123 and comagnum like this.
  5. Xela

    Xela


    Nobody said it was a prerequisite, but it can certainly have some advantages (such as a much smoother equity-curve and easier position-sizing).
     
    #1615     Dec 13, 2016
  6. JSSPMK

    JSSPMK

    Research shows that majority of people can not tolerate a low win rate.
     
    #1616     Dec 13, 2016
    murray t turtle and Buy1Sell2 like this.
  7. Just saw this post and I think that it's a pretty good one. Just curious if you ever start with the long vertical and then add the short vertical as it moves in your favor
     
    #1617     Dec 13, 2016
  8. ktm

    ktm

    I do different spreads based on lots of factors. The key for me is not to keep anything short that's very cheap and anywhere near the money, nor anything long that's worth nearly full value that may turn and run against me.
     
    #1618     Dec 13, 2016
  9. Buy1Sell2

    Buy1Sell2

    Correct. It's human nature to want to be right. Trading is not about being right.
     
    #1619     Dec 14, 2016
    murray t turtle likes this.
  10. Buy1Sell2

    Buy1Sell2

    Funny how it gets quiet on the board when everyone is waiting for Fed.
     
    #1620     Dec 14, 2016