Scale-Out & Trailing Stop Planner
Plan how you will take profit: where to sell in stages, how much at each target, and where to move your stop as the trade works. See the profit in every scenario before you enter. Runs in your browser; nothing is uploaded.
| Scenario | Profit or loss | In R |
|---|
Understanding the plan
- 1R
- The distance between entry and stop, times the quantity, is the most you lose if the stop is hit at once.
- Scenario profit
- Profit on each part sold at its target, plus the profit or loss on the rest when it is stopped at the trailing stop level.
- Average exit
- The sale prices weighted by how much you sell at each. A higher average exit needs more of the position held to the later targets.
Common questions
What is scaling out of a trade?
Scaling out means selling a trade in stages instead of all at once, for example half at the first target, some more at the second and the rest at the third. It locks in profit as the trade works and keeps some of the position running for a bigger move, at the cost of a smaller average gain if the price runs straight to the last target.
What does R mean?
R is your initial risk per unit, the distance from your entry to your stop-loss. A profit of 2R means you made twice what you risked. Measuring trades in R makes results comparable across different prices and position sizes.
What is a trailing stop?
A trailing stop moves your stop-loss in the direction of the trade as it works, so a winner cannot turn into a loser. This planner lets you move the stop to breakeven after the first target, or up to the previous target after each one.
Why show scenarios?
Because the plan you set in advance decides the range of outcomes. The scenarios show what you make if the trade is stopped out first, if it hits the first target and then reverses to your trailing stop, and so on, so you can see the cost and benefit of each choice before you enter.
Does the order of hitting targets matter?
The scenarios assume the price reaches each target in order and, if it turns back, is stopped at your trailing stop. Real fills can be worse than the price you set, especially in fast markets, so treat the results as a planning guide.
Does this include charges?
No. Brokerage, taxes and slippage reduce every outcome, so use the Brokerage and Tax Calculator to see what a trade costs.