"Scaling out" is inferior behavior

Do you scale out of positions?

  • I always scale out

    Votes: 113 14.1%

  • I scale out most of the time

    Votes: 228 28.5%

  • Most of the time, I do not scale out

    Votes: 189 23.6%

  • I never scale out

    Votes: 270 33.8%
  • Total voters
    800
The only "absolut-ism "of the market is there is NO absolutism which puts a serious dent in the OP's opening statement.....

I would futher counter the OP's logic by asking if he blindly reverses his position upon liquidation.Considering that he is 100% sure that it is optimal to liquidate 100% upon a target/signal,it would imply that one should reverse direction at that point.
 
Quote from BlindLemonBoosh:

Er, no. You should probably try reading the "Mr. Quant" post again. There is no such thing as a "target" in his trading methodology. In fact, he had achieved the original expectancy (and then some) and still had a forward-looking positive expectancy remaining.

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You have just stated that Mr Quant is not using targets therefore the answer is very simple since it is how I do the bulk of my trading. -- He stays in the trade until the previous reaction low stops him out. He stays in with full position. --Really quite simple--Succesful trading is. :)
 
Quote from volente_00:

Which would you rather be ? A 75% trader who hits 2-4 points consistently multiple times intraday? Or a 30% swing trader who nets 20-30 points but must wait long periods for each trade to mature ? If you have a profit target there is nothing wrong with waiting for it to get hit but it really depends on your current win rate. I have noticed in your ES trades you often take quite a bit of heat, such as the past one that went 40 points against you before reversing. It is obvious that this ES trading makes up such a small % of your portfolio that it allows you to use such wide stops.
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Vol, the discussion of whether position or day trading is better is not the subject of this thread. It's a great discussion, but is not relevant within these margins. :)
 
Quote from kiwi_trader:

There are trends ... there aren't
Scaling in works ... it doesn't
Scaling out works ... it doesn't
We predict .. we don't
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Does scaling in and out work? Certainly


Is it inferior to not scaling in and out? Absolutely
 
Quote from version77:

Since the word "inferior" is used in the thread title, I assume that
someone with a superiority complex wrote it and is trying his best
to remain superior with his hypothesis...:p
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I am not personally superior. I assert that I use a superior way of trading.
 
Quote from taowave:

The only "absolut-ism "of the market is there is NO absolutism which puts a serious dent in the OP's opening statement.....
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No sir-- This most definitely an area that is absolute. The math does not lie.
 
Quote from taowave:

I would futher counter the OP's logic by asking if he blindly reverses his position upon liquidation.Considering that he is 100% sure that it is optimal to liquidate 100% upon a target/signal,it would imply that one should reverse direction at that point.
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I didn't used to think so, but now I do. You should always be in the market and the only time you would take your money off the table is when you think there is a reversal--otherwise why take any off?
 
Quote from Buy1Sell2:

otherwise why take any off?
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When I was a kid my grandma always told me if someone comes
around passing out cookies to take some before they are all gone...:)
 
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