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Re: Risk/reward in the Long Run ...
simply put i think trailing stops is the wiser substitute for scaling out.
a r:r of 1:3 in a random market will obviously succeed. the market's not random but it's not against you either (so long as you're not a crowd :p). Scaling out is kind of like creating a new position in a new circumstance you're now uncertain of.
but yeah, as it was said, scaling out can only neutralize your r:r ratio imo. just trail it.
Last edited by Northern boy; 05-22-2008 at 06:52 AM.
Reason: error
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