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Active Trade Management distinctions

macman's picture

Hi

Thanks for the excellent article on active trade management.  I need some help please on a couple of distinctions.

  1. If we don't allocate a portion of the trade to a swing trade, do we just do ATM on the remaining portion as an intraday trade?
  2. Is it purely personal preference whether to allocate a portion to a swing trade or make it purely intraday?
  3. Exiting.  I guess we continue to manage the trade actively.  For the swing portion, I guess we are looking for a trigger to get out.  For the intraday portion, if we get to the end of our day and want to stop monitoring, do we close it out or do we just leave our last stop loss and leave it to do its thing overnight?