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Good read. This is what I am dealing with currently. I have been having solid entries, and have been scaling out at a certain point gain, say 1-2 points. Then I will move my stop up, but I still find myself selling the final portion after another point or two. I see the profits, and I am quick to sell and book the profit. I tell myself not to be greedy, but then I will often see the trade continue to go in my favor another few points.

I guess it is the question of how much you want to squeeze out of the trade. Soul said that having a target helps, and I am working on that. I do think that having a soft target where you think price is going, will help to hold on. But it is still tough to watch a few retracements and seeing your trade profit ride the wave...

Solid article...