@Chongette32 then you can do the following...say you bank a certain amount on the first half, either $ or %. Then use that as your stop amount level on the remaining half but still bank enough to cover commissions. In other words, say you pay $10 (in and out) per trade. You made $200 on the first half. So, if the second half starts to pull back use a $180 stop loss on the second half. If the second half gets stopped out then your net loss/gain is $0. Or use half of the profit from the first half
My problem is I never let it reach my target. lol. So I will try that tomorrow and when I'm a bit more consistent I'll scale out. Thanks!
@Chongette32 then you can do the following...say you bank a certain amount on the first half, either $ or %. Then use that as your stop amount level on the remaining half but still bank enough to cover commissions. In other words, say you pay $10 (in and out) per trade. You made $200 on the first half. So, if the second half starts to pull back use a $180 stop loss on the second half. If the second half gets stopped out then your net loss/gain is $0. Or use half of the profit from the first half
so you at least bank something. Lots of options here.
I will try it. Thanks!
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