Exit from a trade

Dec 13, 2020 at 11:33
1,400Lượt xem
20 Replies
Tham gia từ Jul 19, 2020   751bài viết
Dec 13, 2020 at 11:33
Exit from a trade depends on your trading strategy. It is also a part of your strategy. For scalping some people target very few pips. For long term trading risk reward ratio, support and resistance and many aspects are there to decide. Sometimes market situation demands an early exit.
Tham gia từ May 08, 2020   1bài viết
Dec 13, 2020 at 15:38
What is the question ?

All you are saying is true .. but ??
Tham gia từ Jul 19, 2020   788bài viết
Dec 14, 2020 at 01:13
If a trader does not follow the risk rewards and money management properly, he will never be able to become a successful trader.
Tham gia từ Apr 01, 2020   231bài viết
Dec 14, 2020 at 05:50
UweMoench posted:
Exit from a trade depends on your trading strategy. It is also a part of your strategy. For scalping some people target very few pips. For long term trading risk reward ratio, support and resistance and many aspects are there to decide. Sometimes market situation demands an early exit.
Yes having a good strategy is very valuable to make money but you can only make your own strategy if you have good experience in Forex trading.
Tham gia từ Sep 25, 2019   24bài viết
Dec 14, 2020 at 07:51
I just don't understand such discussions. Where is the description of your question? what exactly you are interested in or perhaps you have a problem with it? You are speaking simple truths, and there is no point in arguing here.

Just let's make this place interesting and share really worthy information.
Tham gia từ Nov 08, 2019   26bài viết
Dec 14, 2020 at 08:39
Samuelkoi posted:
I just don't understand such discussions. Where is the description of your question? what exactly you are interested in or perhaps you have a problem with it? You are speaking simple truths, and there is no point in arguing here.

Just let's make this place interesting and share really worthy information.
I think he is sharing the simple statement regarding exit from a trade but nothing else.
Although, I would say that this fit well in new trader section, not in general one.
Tham gia từ Jul 23, 2020   869bài viết
Dec 14, 2020 at 11:40
I agree with you. Proper trading plan should contain both entry and exit condition of a trade.
Tham gia từ Jul 19, 2020   318bài viết
Dec 14, 2020 at 12:53
You should make the right decisions at the right time to survive in this risky market.
Tham gia từ Sep 25, 2019   24bài viết
Dec 18, 2020 at 11:29
If we are here to post generally understandable facts, then OK, I can do that too...

In order to open a trade, you need to correctly determine the entry point and know in advance the target for the exit.

But this is unlikely to help someone trade better...
Tham gia từ Jan 11, 2019   147bài viết
Dec 18, 2020 at 11:37
downtown posted:
Samuelkoi posted:
I just don't understand such discussions. Where is the description of your question? what exactly you are interested in or perhaps you have a problem with it? You are speaking simple truths, and there is no point in arguing here.

Just let's make this place interesting and share really worthy information.
I think he is sharing the simple statement regarding exit from a trade but nothing else.
Although, I would say that this fit well in new trader section, not in general one.
ya..there is no point of creating threads then.
Tham gia từ Oct 29, 2020   53bài viết
Jan 18, 2021 at 04:11
I don’t risk more than 2% of my trade. This is something I’ve been doing for a long time and it is actually an effective strategy.
Tham gia từ Jan 11, 2019   147bài viết
Jan 18, 2021 at 07:09
this is a question i believe no one can answer. i think all the people have different strategies towards the trade. there are few people who calculate using the percentage and there are few who look at the market. So i dont think there could be any specific answer to it.
Tham gia từ Jul 31, 2019   12bài viết
Jan 18, 2021 at 11:28
I consider timing an exit more important than when to enter. You can enter a trade at almost any time and make a profit as long as you time your exit properly
Tham gia từ Oct 31, 2020   16bài viết
Jan 25, 2021 at 19:07
You are correct in pointing out that it all depends on strategy.
But it can really undo all the things you've done before, so you definitely have to be careful here.
Tham gia từ Jul 19, 2020   788bài viết
Jan 26, 2021 at 02:07
It is not possible to make money if the trading strategy is not right. You need to know which is the most profitable strategy. And it is possible to make a consistent profit by trading in any way.
Tham gia từ Sep 12, 2017   238bài viết
Jan 26, 2021 at 11:14
People have different opinion on when to enter or exit the trade depending on their trading style.
Tham gia từ Jul 23, 2020   759bài viết
Jun 05, 2021 at 13:00
Set TP and SL at beginning of the trade. Don’t adjust it after seeing the change of price action.
Tham gia từ Mar 17, 2021   536bài viết
Dec 29, 2021 at 05:43
SofieAndreasen posted:
Set TP and SL at beginning of the trade. Don’t adjust it after seeing the change of price action.
TP and SL are the most important element for new traders to survive in this market
Tham gia từ Jul 20, 2020   399bài viết
Dec 29, 2021 at 11:54
SofieAndreasen posted:
Set TP and SL at beginning of the trade. Don’t adjust it after seeing the change of price action.

I also think hidden in this is to let the trade run as it wishes. Any alterations to TP or SL really damage your sample size of trades and also create doubt
Tham gia từ Aug 10, 2021   178bài viết
Dec 29, 2021 at 13:53
If a trader wants to become a successful trader then he must know how to manage risk and also money management.
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