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Scaling out of positions on DAX futures?
Been trading DAX futures for a few months now, still pretty small scale. I'm trying to get better at managing exits, specifically scaling out. For those of you who scale out of positions on something like the $DAX, what are your thoughts on using fixed percentage targets vs. reacting to price action at key levels? I've tried both, and it feels like I'm leaving money on the table sometimes, or giving back too much. How do you typically structure your partial exits?
1 comments · 1 points
That's a classic dilemma with DAX. I tend to lean on reacting to price action at key levels, especially since the DAX can be so volatile. Fixed percentages sometimes feel too rigid when the market is flying.