Position Management
10 lessons in this track so far, in the order we suggest reading them.
Entries and Exits
IntermediateEntry MechanicsEntry mechanics turn a setup into a filled order: trigger, order type, timing and size. Learn the main entry methods and their trade offs.IntermediateExit MechanicsExits decide most of your results. Learn the main exit types: stops, targets, trailing stops, time exits and signal exits, and how to combine them in a plan.IntermediateProfit TargetsGood profit targets come from market structure, not wishes. Learn target methods using levels, measured moves, ATR and R multiples, and how to manage them.IntermediateTime StopsA time stop closes a trade that has not worked within a set period. Learn how to set time limits for each strategy and why they improve results.IntermediateRe-EntryRe-entering after being stopped out can be smart or emotional. Learn valid re-entry rules, how to avoid revenge trades and how to size second attempts.
Managing Open Trades
IntermediateTrade ManagementTrade management covers everything after entry: stops, partial exits, adding, news and emotions. Learn active and passive styles and a simple management plan.IntermediateScaling In and PyramidingScaling in builds a position in parts; pyramiding adds to winners as they move your way. Learn safe pyramiding rules, examples and why averaging down differs.IntermediateScaling Out and Partial ProfitsScaling out means closing a position in parts at different prices. Learn common partial profit methods, the effect on expectancy and when it helps.IntermediateMoving Your Stop: Breakeven and Trailing StopsMoving your stop to breakeven removes risk but can cut winners early. Learn when to move stops, alternatives like partial breakeven, and rules that work.IntermediateReducing a PositionReducing a position means cutting size without fully exiting. Learn when it makes sense, around news, weakening trends and drawdowns, and when it is a mistake.