A word about grabbing profits: LOL
Perhaps I have not explained things clear enough. I mean I grab them as the market gives them to me and enter again if price volatility continues to give me reasons to do so. Zeitgeist "par excellence" in "times" of volatility whether on one bar, or many bars. LOL. No reason to let volatility go to waste. It is just locking in profits while I can. One advantage, beside locking in profits before they dissipate is that I get to compound as volatility takes price back down below my previous profitable exit (that I locked in profits on). Thus I get a second entry, even cheaper, and wait for volatility to give me another profit. I am speaking of a bullish move in this case but it applies to bearish moves also. I am a scalper of 1 to 8 points in the ES and as many times as ES will give me sufficient volatility to make, multiple entries and exits, well, I will play that over and over, as long as the volatility goes on, if even on a single bar. I could show so many trades on one volatile 5 min bar where I made, over and over, multiple times on that one bar, that many of my entries and exits on that one bar would almost be indecipherable, with just a visual glance.
The modus operandi isn't to just corral risks but to maximize profit by grabbing them profits. Then repeating, compounding profits. J.M. Hurts explains the concept in his book.
But not everyone agrees so no problem. We each make our own way.
