See Profit Take Profit

SPTP

As my regulars know the rules already this is for the new people.

Lottos are lottos they aren’t meant to be held and married. They are meant to be scalped. Don’t try to get 1,000% because it’s not guaranteed. Focus on the goal #SPTP “See Profit, Take Profit”

Always keep a runner especially anything that is traded into close. If u have 5-10 cons scale majority but leave 1-2.

Don’t wait for me to sell and don’t rush into any alerts just because. Make sure it fits your criteria.

No asking questions about positions or alerts as in the following

  • are you still holding

  • should we cut losses

  • anything to do with hand holding

Scaling is how we manage risk

(Jumping into a position full size is poor management)

  • Build into a position starting with 1-2 cons

  • The way you scale in is the same way u scale out.

  • Use levels to scale in and out.

Not everything will work but cutting positions that don’t work early keeps the losses at bay.

You do not have to take every trade. Keep positions small. Don’t be that person that keeps adding hoping a position comes back meaning buying buying just because.

When I say I’m building into it means I’ll be adding into my levels. Losses happens just as wins do.

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