I'm starting this thread once a transaction is under way, to go over standing management.

What techniques are you using to successfully manage your open trades?

Do you use a stop loss? In that case how can you calculate position sizing and stop loss placement?

Do you utilize a Dollar rather? If that's the case, how can you manage your hedges?

One time a transaction is under way, how can you manage your own position? Do you use a trailing stop? Do you scale from transactions? Do you add to positions or do you price average in drawdown?

This is an open discussion to share thoughts.