How do you time scaling out of a winner?

Closing part of a winner locks profit and reduces exposure; done at the wrong time it caps the very trades that pay for the losers. The scale-out points need the same testing as entries.

How do you time scaling out of a winner? — risk-reward diagram
A risk-reward ratio of 1 to 2

What's your schedule?

  • the points where you take partials
  • how much you close at each
  • what you've learned from comparing schedules
How do you time scaling out of a winner? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The expectancy guide shows how to test partial exit schemes.

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