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I am curious to know how you trade. Do you trade all in all out or do you scale in and scale out? Obviously this only applies if you trade more than one contract.
"Let us be thankful for the fools. But for them the rest of us could not succeed." - Mark Twain
I'm an all-in, scale-out guy. I was just wondering, when you are scaling in, are you scaling in at different price levels of the same move, or scaling in at the same price. So for example, if ES if 958.00 looking for a 4-tick scalp, and you buy 2 contracts, and it goes up to 958.50, do you then buy more, hoping for another 4-tick scalp, or do you wait to see if it comes back to 958.00 to buy more? I guess it depends a lot on your setup and what you hoping to get out of the trade and how you manage your risk. I'm just wondering about real-world scaling-in examples. It seems I feel lucky if I can even find a trade that runs far enough for me to scale into and still make money.