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Looking forward to the webinar. Since you mentioned you trade around a position, I would be interested to hear your thoughts on the concept of a theoretical average. I've heard FT71 talk about this in his webinars where he will trade around a position, while keeping his overall risk in line with a theoretical average.
By the sounds of it, this allows him to have bigger stops when scaling out of a position on the way to his ultimate target, because he is essentially keeping track of his risk for the entire position.
In my mind there are potential pro's and con's (as with everything in trading) with this approach. If it's not too late, I would be interested to hear your thoughts.
this is totally what i am looking for....once position is started, initial or "core" position, then how to add/remove to the position from "entry zone" to "exit zone", especially if the position is more of trend-following position without neccessarily fixed target zone. the other one being mean-reversion type trade where there aren't that many zig-zags but still want to initiate and then grow/reduce position.
hopefully all of this ties to concept that risk is dynamic and r:r ratio changes once price starts moving away from entry zone to exit zone.