Managing the runner: what's your endgame for the final slice?

The runner is the trade's lottery ticket — the slice that catches the rare big trend. Its management (trail wide, target far, or let structure decide) defines how often that ticket pays.

Managing the runner: what's your endgame for the final slice? — trend versus range diagram
A trending market compared with a ranging one

What's your runner plan?

  • the trail or target for the final slice
  • how wide you let the give-back run
  • the runner that made your year, if you've had one
Managing the runner: what's your endgame for the final slice? — support and resistance diagram
Price bouncing between support and resistance

The ATR guide gives the trail for long runs.

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