Agent86
Sergeant
- Messages
- 194
Hi all
Haven't posted in a while and wondered about this subject.
What do fund managers do ? Vs Retail traders ? VS copy traders.
Do traders consider taking profits at the end of month to show their gains in the current month even if their in trades that are good trade but may end up carrying through to next month ?
For retail traders the record is not as important as profits. And if exiting early means positive gains for the month but less profits overall then don't see the point for them to exit early.
However, funds managers and copy traders that are concerned with their ongoing track record to show monthly profits, might look at this differently.
Is it customary to profit early or exiting trades prematurely at the end of a month for the purposes of establishing another month positive track record ?
What is the standard on this subject ? Is there one ? What is normal for funds managers and copy traders ?
Is it subjective or is there an established sort of normal strategy for this ?
Please advise
Thanks
Haven't posted in a while and wondered about this subject.
What do fund managers do ? Vs Retail traders ? VS copy traders.
Do traders consider taking profits at the end of month to show their gains in the current month even if their in trades that are good trade but may end up carrying through to next month ?
For retail traders the record is not as important as profits. And if exiting early means positive gains for the month but less profits overall then don't see the point for them to exit early.
However, funds managers and copy traders that are concerned with their ongoing track record to show monthly profits, might look at this differently.
Is it customary to profit early or exiting trades prematurely at the end of a month for the purposes of establishing another month positive track record ?
What is the standard on this subject ? Is there one ? What is normal for funds managers and copy traders ?
Is it subjective or is there an established sort of normal strategy for this ?
Please advise
Thanks