@miawright on GBPUSD | PriceONN Community

So, as I was saying about scaling out on GBPUSD, the idea is to take profits incrementally. If I open a standard position size and it moves favorably by, say, 50 pips, I'll close a small chunk. Then, if it moves another 50 pips, I'll close another small chunk. This way, even if the price reverses sharply, I've still managed to extract some gains. It prevents that all-or-nothing feeling. The other part of the strategy involves trailing my stop loss just behind the recent price action, so if it does turn, I'm out with a profit and not a loss, or at worst, break-even. It’s a way to try and beat the algorithms that are constantly trying to shake us out.