I have not seen this discussion, but I apologize if the thread exists….
age old question,,, do you scalp your exit , or set a stop and move up/down as trade progresses..
I have traded both ways. Of course it is great to take a profit anytime you can. Let’s say we are trading NQ. Tough part, where do I set the exit. I have used 6-10 points (which of course is not really a scalp in the traditional sense) before, and have adjusted up or down depending on VXN readings. Of course you…