Partial Profits

cdrmaster posted:
    woul dit not be the same if you just put a stop on the trade where you took out the partial trade.? so now insteadof taking out half or how ever must of the trade the trade is still going at the full amount but you have the amount you wanted to take out locked in so if the trade comes back against you the amount you wanted to keep will be take out but if it keeps going in your favor then you make twice as must with out the risk ..?

i take partial profits at s/r, fib and murrey levels.. or after few pips when i'm scalping.. if i put a stop right there or a few pips above/below it, it will almost certainly be hit by market noise.. but as i think of it, generally it's not a bad idea to put the stop in the middle between entry and the place where i'd close a part; depends on market conditions itm. But very often I close a half at some level and then, if i see a reject, close the rest in few minutes or even seconds after.. going with fullsize, there would be less profit since i booked a part already for the max pips of a swing. And these situations are quite common intraday.