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R-Multiple Scale-Out Planner

Make "let winners run" concrete

Traders repeatedly describe the same exit trap: taking profits too early out of fear, while allowing losers to expand or hit full stop. This recipe defines a rules-based scale-out plan in R-multiples.

House RecipePersonal6 min setup

INGREDIENTS

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PROMPT

Create "R-Multiple Scale-Out Planner". Require a defined stop (1R). Default plan: take 50% at +1R, then manage remainder toward +2R with a structure-based trail. Log planned vs actual exits for end-of-day review.

Pain point

Without a plan, exits become emotional and expectancy collapses.

Triggers

  • Trade enters profit and reaches +1R / +2R levels

Conditions

  • Requires predefined stop (1R) and targets
  • Optional: different profiles (scalp vs runner)

Actions

  • At +1R: suggest partial exit (default 50%) and reduce risk (optional)
  • Remaining: trail stop by structure or fixed rule
  • Log planned vs actual exits for review

Parameters (defaults)

  • partialAtR: 1.0
  • partialPercent: 50
  • runnerTargetR: 2.0
  • trailMethod: "structure"

Examples

  • At +1R, take 50% off; let rest target +2R with a trailing stop.
  • If trade stalls after +0.8R, prompt whether plan allows early exit (and tag if not).
Tags:#trading#exits#risk-reward#discipline