When using IZSS, how do you know when to stay in the trade and let your profits run or when to get out with a smaller profit. Often times I’ll get out with a $100 profit per contract and then the market keeps going.Other times I’ll have my $100 profit and stay in a little longer only to see the market come back down to where sometimes I end up getting out with a small loss.
According to the rules, you would stay in the trade until the market hits 3 ticks above / below the MVp predictors. That is just how the market works, sometimes it will keep going and you can get a big trend, and get much more than the $100 you are up. Sometimes it will come back down and you will be at break even , small profit, or small loss. To be successful you will need to stick to a plan and be consistent. Some do scalp on IZSS entries as you mentioned, go for 10 ticks or so and get out. But yes, they will not be in on the big moves where they could have made hudreds more. But the rules of the system are to trail with the MVp so that you can stay in longer when you do have those big runs.