Stay or take money and Run?

MACD · Aug 26, 2019

MACD said:
Yes, I certainly understand that it appeared from my posts on this thread -- that I had no plan for exits with or without a profit -- I DO have a complete plan for Entries and Exits -- then why did I ask opinions as to when to take a great profit (windfall). I wanted to judge how others may approach the decisions of how to manage trades from entry to exit.

Yes. I use Scaling successfully.

All of this makes for consistently profitable trading using what some may call, "Dynamic Hedging, or Statistical Arbitrage."

Basically, with careful review of the screenshots posted herein, it may be sufficient for anyone, even with a modest account, to do the same.

@nooby_mcnoob and all others that posted -- I am sure you are "on the same page" -- and Yes "Mr. Market," tells us how to do it -- we just act timely with probabilities dictating our decisions. ("Gotta know when to Hold-em and gotta know when to Close-em".)

The obvious question is "How did I know?" Hmmm? (You guys already stated that pre-determined profit targets as well as Scaling targets are the answer.)

Thanks
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The obvious question is "How did I know?" Hmmm? (You guys already stated that pre-determined profit targets as well as Scaling targets are the answer.)

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Stay or take money and Run?

MACD