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Showing content with the highest reputation on 10/05/2019 in Posts

  1. 1 point
    Hi again all -- I thought of something else I would like to understand better. Kurt did an excellent recap of his PEP trade today, and he touched on something that I really don't understand, namely, taking partials while simultaneously adding to the position. I notice that a lot of the traders mention this in their recaps. I get the idea of locking in profit, but it seems that adding to the position is now just putting that profit back on the table. Can you discuss the logic, decision-making process, sizing and updated R:R calculations involved in adding to a trade that is going as you had planned? Thanks again! Jennifer 10.4.19 -- I just found and watched Kurt's excellent video on YouTube. This is pretty much what I was looking for. I still think it would make a great WW.
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