Who this is for — Anyone who closes all in panic at first green or holds all until pullback. Partial exit splits security and opportunity.
A partial exit closes a predefined fraction of the position at intermediate targets (e.g. 50% at 1R), leaving a runner for the trend. Levels and % are in the plan before entry — not improvised.
In plain terms — Bank half, leave half — FOMO and regret drop, management improves.
Rules
| Step | Action |
|---|---|
| Pre-trade | Exit % per level (TP1, TP2…) |
| Post partial | |
| Consistency | Same % every trade of same setup |
Trade-off: may lower average R on outliers — main benefit often psychological and on plan adherence.
Link to scaling out
Partial exit = first phase of scaling out. Runner managed with rules (BE, trailing) in playbook.
Typical mistake — Random percentages (20% today, 80% tomorrow) — destroys measurable backtest and profit factor.
Example — Long 1R risk: close 50% at +1R, runner stop at BE; trend continues → +3R on remaining 50%.
Summary card
- Function: monetize + reduce stress.
- Fix: % and levels written pre-click.
- Review: % consistency in journal.
Silver path — Position management module. Index: Silver path.