Exit from a trade
Raheemsterling22
Member Since Nov 11, 2020
27 posts
Dec 23 2020 at 10:31
Yes, the trading strategy has a lot to do with it. It’s a big part of the trading plan.
unsightlydray
Member Since Oct 29, 2020
38 posts
Jan 18 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.
Gracewilson1995
Member Since Jan 11, 2019
133 posts
Jan 18 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.
Phyllis_Berry
Member Since Oct 05, 2020
2 posts
Jan 18 at 09:03
This is a really important component of the trading session. And here you have to be really confident in dealing with your own emotions - because a lot of tension and stress can lead to unwarranted decisions and mistakes.
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
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.
But it can really undo all the things you've done before, so you definitely have to be careful here.
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.
lovefortrading
(perryjohn765)
Member Since Sep 12, 2017
126 posts
Jan 26 at 11:14
People have different opinion on when to enter or exit the trade depending on their trading style.
leahmclaughlin
Member Since Dec 01, 2020
16 posts
Feb 12 at 12:04
Yes, the trading strategy makes a lot of difference to a trader’s winning probability. It is better to set aside your goals and trading plan in the first place.
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