Here we look at a trading strategy that works towards both maximising profits and minimising losses, namely part closing.
Part closingYou may want to go into a trade but find your entry level isn't perfect. It might have already bounced off the low points a bit and isn't as low as where you'd ideally get in.
Position buildingDeciding how much of the funds in your spread-betting account to risk on each trade is essential.
Position sizingCould you use a pairs trade to minimus the offect of larger market trends.
Pairs trading