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Scale Out Trading Profits

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http://www.netpicks.com/scaling-out-decisions/ - Read more

To scale or not to scale out your trading profits, that is the question.

The answer though depends on you and what your priority is in trading.

In my swing trading of the currency markets, many times I take some profits off the table and keep them safe in the confines of my trading account.

The reason I do it is not only a psychological one, but a risk control measure as well.

Taking Partial Trading Profits Settles My Mind

Humans love to be right.

- See more at: http://www.netpicks.com/scaling-out-decisions/

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