You are viewing a single comment's thread from:
RE: Growing a Small Account Part 2!!
Scaling / laddering seems to be a very contentious subject. You're either in one camp or the other. Matt seems to be in both !
I only every scale into winning trades (as Matt did) but never scale out of winning trades, only losing ones. It's madness to take money off the table and lose profits for no reason.
Other people will swear the opposite, scale (buy) into falling prices (mentally ill people, obviously).
It's a very divisive issue.
I only scale into winning trades and cut losing trades too. If a coin goes down, I may scale into it as long as it doesn't fall below the trend line or hit my mental stop loss. Otherwise, bye Felicia!