Position Management

Entering a swing trade is the easy part. Managing it over 2–20 days — through dips, news, and the temptation to sell early — is where the system's R:R is either achieved or wasted. These specific rules turn the entry into the profit target.

The Trailing Stop Sequence

Once entered, your position moves through four stages based on P&L:

When to Exit Before the Target

Thesis changes: If the original catalyst is negated (deal falls through, FDA reversal, news contradicts your thesis), exit immediately — even if you're not at the stop. Gate 5 defines your thesis. When the thesis is broken, the trade is over regardless of price.

Earnings sneak into range: If you discover earnings are now within 14 days (Gate 6 missed or the date was pushed up), exit before the announcement. Take whatever P&L you have.

Regime flips to BEAR: If the Regime Scorer drops to BEAR during your hold, tighten your stop to the most recent low on the daily chart. Don't necessarily exit immediately — but don't give the position as much room.

Managing Multiple Positions (the FOMO of concentration)

The Sunday scan produces 2–4 setups. You may enter 1–3 of them in the same week. Managing multiple concurrent swings:

Size each at 1% risk maximum. Three 1% risk trades = 3% total account exposure, not 3% per trade. Position sizing from the calculator handles this automatically.

Stagger the sectors. Two energy stocks + one financial + one biotech is better than three energy stocks. If energy sells off, you're not fully correlated.

Journal each separately. Each position has its own thesis, stop, target, and compliance history in the journal. Treating them as "one portfolio decision" prevents clear performance analysis.