The math in that example is undeniable. It proves that scaling out is (much!) more profitable at times than not scaling out. The only...
B1S2, you are skewing the probabilities in your favor to make your point. As you say, "it's simple math, and the numbers don't lie". I posted...
B1S2 I think you are forgetting to include probabilities in your calculations. Take a look at this: scaling contracts odds payout...
According to your argument, why wouldn't you take the largest statistical move the instrument has ever made and use that as a price target? Your...
I misunderstood what you meant in your first post. I agree with this. TNG
This is the crux of the problem. He's defining scaling out as selling on the way to the profit target, and we are defining it as trying to...
Not true. If you scale out %90 of your trade at your target price and let %10 ride, where is the emphasis? TNG
When you calculate odds on a trade there's more than just the % chance of it hitting your profit target. What's the % time there's a signifigant...
This is the entire problem. You are talking about selling part of the position on the way up, we are talking about exiting part of it when you...
Exactly, we are talking about what happens AFTER maturity. TNG
Why are your scale out prices always less than the profit target price? TNG
I for one think that's great work, keep it up man! TNG
I don't think that was his intentions at all. If you read B1S2's arguments that's exactly what he is saying, imho. TNG
I couldn't agree more. You haven't seen any statistical proof arguing either side from me simply because I haven't done any yet. I am not...
I was talking about the same trader, with the same profit point using two different methods. Whether or not your profit point is wrong has...
Right, i am in agreement there. Then what I did is let half the trade run farther than it would have if i sold it all at 9. exiting all at once...
No, the profit target was 9 points and I put a trailing stop on the rest. You are basically arguing that if you scale out before the ultimate...
Why? the profit target was 9 points. TNG
ES System with 5% winners and 20 trades. 9 point target 3 pt loss. 4 conracts 1st without scaling out 1 winner 9 X (4 contracts) = 36...
No I'm not, in that case you would have made less money than me. TNG
Separate names with a comma.