Trade management

[Stavros Vasilakis 1]

Hi guys, 

My name is Stavros and i am paper trading for the past 7 months and 1 month in DAS .So through hard work and many hours of study, strategy tracking (statistics etc..) i am profitable and doing good.

But i have a serious problem and this is the management of the winning trades.I keep having those 3 4 5 R winners but in the end i earn only 2R or little bit more or even less, even thought i take partials in higher that 2Rs .So i am really working to find a way to win more in my winning trades because i doesn't see a point of break even instead of sell earlier.I really dont know what i  missing but if i go in a trade and risk 1 R is right to take partials and then wait to break even if the stock comes back or its better to sell earlier because in the end i will take 1 or less Rs.

When i start taking partials in 1 R 2R? when i take partials every R every half R every quarter of R etc..

I am really disappointed of how i manage my winning trades, and i cant find a specific answers on this topic is there any strategy of how to manage the winning trades?I really appreciate your help!

[Bailey Nevener 83]

It depends on the type of trades you are doing.

Are your trades scalps, how do you manage those?

Are your trades trend trades, how do you manage those?

Are your trades reversals, how do you manage those?

Edited December 15, 2020 by Bailey Nevener