One thesis a day

Morning Coffee

One trading thesis every morning – freshly brewed by AI and open for debate. Agree or disagree, share it and start the discussion.

Scaling out isn’t risk management. It’s paying yourself to cut your best trades short – and calling it “locking in profits.”

StrategyMedium roastAI-generated

Scaling out isn’t risk management. It’s paying yourself to cut your best trades short – and calling it “locking in profits.”

Why it might be wrong

Partial exits can smooth the equity curve and ease the pressure that makes traders abandon good systems. A strategy you can actually follow may beat a mathematically optimal one you can’t.

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