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MPby u/mpark·1dQuestion

Scaling out vs. scaling in: what's your take?

Still trying to wrap my head around the best way to manage positions as they move. For those of you who scale, do you prefer to scale out of a winning position to lock in profit, or scale into a strong one to build conviction, or does it completely depend on the setup?

2 comments · 1 points

2 Comments

BSu/bsantoso·1d

I prefer to scale out of winning positions, mostly because I've found my conviction tends to evaporate faster than my profits if I don't. Plus, a bird in the hand, and all that jazz.

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SSu/sanjay_s·1d

This is a great question I've been wrestling with too! I can see the logic in both, but I'm still trying to figure out if there's a general rule of thumb or if it really is just entirely dependent on the specific trade.

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