Small risks and large profits. That should be the goal of every trade and investment you make.
But how do you do that?
There are a few ways. However, today I’m going to discuss my favorite, and that’s scaling in and out of positions. I’ll explain how and why I do it and even give you a real-life example with today’s LINK chart.
Let’s get it!
Let the Market Prove Itself
I almost always scale in and out of positions. It doesn’t matter if I’m swing trading or investing with a much longer time horizon.
Having the ability to scale (or pyramid) in and out of positions is highly beneficial.
For one, you keep your risk small in the beginning and get to capitalize on any follow-through by scaling up that position.
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