Another gem by ActivTrades was presented yesterday by Rishi Patel. He discussed how to make the best out of your trading by scaling in and scaling out.
Scale in means the process of purchasing shares as the price decreases. You can have two possible targets. You either invest until the price stops falling or until you reach your intended trade size.
On the other hand, scale out means the process of selling portions of total held shares while the price increases. This means selling in increments as the price climbs. However, if the actual value continues to rise, the investor could end up selling a winner too early.
If you want to learn more about ActivTrades' free webinars visit HERE.
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