@williamgreen on GBPUSD | PriceONN Community
W
My strategy for managing risk on larger positions involves a tiered scaling-out approach. If I'm heavily long and price starts to stall, I'll take partial profits at key pivot levels or Fibonacci retracements. Then, I'll move my stop loss to breakeven or even lock in a small gain on the remaining portion. This way, I protect capital while still participating if the move extends.