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Never mind, I see I just missed a long thread about scaling out where all this stuff was discussed at length which much greater insight than what I could muster. Moderators could you please kill this thread? thanks.

I've been thinking about scaled exits lately and wanted to share my thoughts. Initially I decided that scaled exits were not useful. Later I decided that they can be very helpful. Please let me know if you think this is accurate. Many apparently successful traders advocate scaled exits...

Hi Everyone. I'm still following the thread and I appreciate all the comments. Several people have mentioned knowing your edge, backtesting, etc. I have done extensive backtesting, have several workable strategies and believe that I do have an edge. Otherwise I would not be trading. All...

Thanks everyone for the kind replies. I really like the Kipling bit. It's encouraging to know that others who have found it difficult have then been successful. I am keeping a detailed trading log when I trade, although I am not currently trading. It's very helpful to review and has...

Hello everyone, I have been reading this board for quite some time, but this is my first post. I am a struggling trader, and I hope that by posting here I can pick up some advice and encouragement to keep going. I also hope that by airing this publicly I might be able to narrow my...