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Hard to understand why they don't retire and enjoy life on their private island/ beach, instead they love arguing here on ET. Perhaps not all of them are trading with real money as we think they are. :)

I think you should start trading FX by now. Bye! :)

All I can see is the charts are telling me the opposite! :D

Don't forget you sometimes would make short timeframe trades to override long term trades. Why would you provide us the newbies so many simply conflicting comments?

Simply a misleading advice above - unless every of your position trade's direction has been and will be right forever without any losing one; and you expect every trader is trading as good as you are. Otherwise, an average trader would still have a (50%?) chance entering a wrong position on...

For the traders who use scaling in for entries, not scaling out would be basically illogical and sub-optimal. This is simply because when trading with highly uncorrelated instruments, once identifying a new trend of another instrument would have just began and wanting to scale in for...

Do you believe that some traders would mix up practical reality with visual delution? :confused:

The ones who can do the above probably don't know how to count how many pips profits they can surely produce on daily basis trading FX. LOL. Each one of them can easily own this financial world in no time. :D btw, Why wasting money for options to use at tops for protecting profits if...

We were often told that "Don't try to pick tops or bottoms, as nearly nobody can." How many of us can exit every trade at the top or bottom of each trend? How many of us would know for certain there is no another higher top upcoming next. Besides, nobody can ensure his only one single...

For some markets such as FX in particular, we would want to avoid "Letting a profitable trade becoming a loser", so we logically would consider scaling out by taking partial profits. Shouldn't we?

When trading the same or several highly correlated instruments, with trades/ signals from multiple timeframes, technically and practically the trades of every smaller timeframe are actually equivalent of scaling out (and re-entering) against the largest timeframe. imo, it would be not...

I think they should strcitly follow their original plans except certain well-tested improvements, otherwise who knows what will happen to them?

I believe most professional/ experienced FX traders would only apply adequate leveregae to a system that has been proved with very robust, reliable and consistent performance. Just my 2 cents.

First, We need to define what's Scaling out, and what's not. Second, What are the Pros and Cons of them. Third, ? Finally you can vote (twice of the original vote) again later after changing your minds.

Here is a poll: Saying that "Scaling out is inferior behavior" is inferior behavior? :D

imo, QA can incorporate various statistics (even FA data) that TA doesn't use whatsoever.

How about QA?

imo, certainly not irrelevant, particularly when compounding is applied for a profitable trader/ manger year after year, as we can see the public records specifying used leverages of so many hedge funds and CTAs.

Highly profitable every year for every one of them! Unbelievable! :D

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