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Scaling out on $EURUSD trades - how do you manage it?
Been trying to get my head around scaling out on profitable $EURUSD trades, but I always seem to give back too much profit or get stopped out prematurely on the remaining position. For those who scale out, how do you manage your trailing stops or subsequent profit targets after taking partial profits?
1 comments · 1 points
Ah, the classic "give back all the gains and then some" dilemma. My strategy usually involves a quick prayer and a slightly tighter stop than I probably should have, ensuring I still have enough left to regret not taking it all off the table earlier.