I retract the gear after I have determined that I have a positive rate of climb, and that I will not be able to use the remaining runway for an unanticipated landing. I retract the gear before my initial power reduction for climb power setting.
I also drop the gear and the first ¨÷ flaps mid field on the downwind. The flap extension and the gear extension together tend to neutral out the pitch changes that each has.
I want everything stable exept the last notch of flaps when I turn final. This way I can concentrate on the wind deflection and other traffic.
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