"Scaling out" is inferior behavior

[BartSimpson]

To attract views and likes to his channel. Youtube really starts to pay off as you get more and more views on your monetized content.

So everyone whores themselves out to YouTube nowadays?

Do you think "Tom Hougaard" is the same way? This guy is touted as the 2nd coming of Christ. He seems to be traveling all over the world, giving speeches and seminars, is this big "trading = psychology" guru and I wonder how often he actually trades? I joined his Telegram channel the other day, he recently came back from a holiday, and today he has some sort of spiritual 3rd person discussion with himself and then abruptly ends the session 50+ minutes into it. Took 1 trade and made like 10 points on the DAX (although I'm not even sure if he made money, since he didn't post a follow-up chart and just left the channel + stream altogether, so who knows where he really exited).

I guess you can't trust anybody.

 

[tomkat22]

The platform he uses to chart (TC2000) has "SIM" on it in every video he posts. He addresses this on his website and says that he uses a different platform to trade and uses the one with SIM to chart, but I have caught him "moving stops to secure profit" on the TC2000 Demo account. I asked myself why he would be moving his stop to secure profit if it's just a demo account? I wish I could still find that vid. Not about to go through 20 hours of his material looking for it again. I think he slipped up is what I'm saying.

All of these people seem to have excuses for things other people call them out on. Why do none of these people post tax returns? It's easier to say you're profitable than to prove it. Why these people troll the public I will never know. He's not selling anything so why else would he do it if not to troll?

Nah I doubt if Kris has done ANYTHING on SIM in over 10 years. He took a 10k account to over 100mm in a 10 year span. Why in the world would anyone with that much money in their account need to still be fucking around with SIM trading?

 

[BartSimpson]

Nah I doubt if Kris has done ANYTHING on SIM in over 10 years. He took a 10k account to over 100mm in a 10 year span. Why in the world would anyone with that much money in their account need to still be fucking around with SIM trading?

Are we talking about the same person? https://qullamaggie.com/

Has he proven profitability or does everyone just "know" it because everyone learns from anyone else? People talk about awesome traders but is there any hard data to back this up?

 

[tomkat22]

Whether Kris is the real deal or not has been discussed ad nauseam on here. Try this thread.
Kris Kullamagi Breakout Setups | Elite Trader

 

[murray t turtle]

I think you miss the point about scaling into winning positions. It can provide better risk adjusted returns. Conviction has nothing to do with this.

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THAT sounds right , especially since the future is not exactly known , especially in futures.
Scaling in a strong trend makes perfect sense;
simply because one one not really'' know'' if a strong trend is a friend, even though the odds are the favor of a strong trend. Conviction has little to do with this, even a high probability trade can be wrong.
Scale in works better in trading for me;
who wants a max position in cutting a loss, if a smaller scale in loss is possible + sometimes it is.
I could sell metals every day, never scale out sell those ; nor would i sell any ETFs just because i frequently sell metals= its a different business completely.
An account full of trading profits, mostly smaller more fragile profits = that would make sense to ''sell all'' LOL But SCHW ''sell all'' button is per position/not sell the whole account full of different stuff.......................................NO such thing as one size fits all in trading/investing.