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Old 03-25-2007, 10:36 PM
Happyguy Happyguy is offline
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Re: profit targets

I believe the method of getting in and exiting is a function of each person's trading methodology and his personality.I always enter all in one go. I had tried to exit by scaling out but I find that most often, I end up earning less points than if iI had exited all in one go. When I reviewed my trades, I discovered that the first price level that i scaled out was too early an exit for the way i trade. This is why the total points made in 'one' exit is greater than the scaling out exit.

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