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Old 05-12-2008, 08:57 PM
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Re: MC's House of Mirrors

Hey nice journal....

Have you thought of scaling out of your trades? I found that when trading multiple contracts, taking off 1/2 or some other percentage of the trade at a preset target helps me psychologically. I get out and bank a small portion then leave the rest on for the big move that may or may not come. If not, I get stopped out at break even but still have the original smaller profit. It is a happy medium for me...

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