Scaling out is an definitely an option. But I much prefer going for the whole cake. I do use a trailing stop, but it is set very far away.

In my own research, given a correctly tuned strategy, I find the most profitable system is the one that does not scale out and just let the market hit the TP or SL. Scaling out only gives the trader a sense of false calm, and decreases profitability.

Like I said, I need to control the Piker in me.

The real culprit to my wild swings is the fundamental logic change that I implemented in my strategy which goes for HOME RUN trades. I opened up the possibility to getting 1-time huge rewards, but I also had to open up the risk and DD factors to achieve it. Couple this logic change with my additional deposit has really given me some swings I have not see or experienced before.

I have thought about cutting my size in half for the past week. This will almost move me back to my original deposit size. And I'm quite comfortable at that level.

Most likely I will sit out of the market for next week, with a chance to enter back in at the end of the week. I want to see how the markets are reacting to these recent interest cuts around the world.

The market has not been very coorperative for me, I like stable markets. With every country slashing interest rates and world markets moving like it is a dot-com in its heyday has given my system fits. I find myself having to expose my trades to larger DD to stay in a trade.

Mr. M, really enjoy conversing with you, especially when I'm sitting on the sidelines. Drop by anytime.

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Life is a Gamble. You win some. You lose some. And life goes on.