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Timing of entry and exit
Oct 10, 2020 at 14:24
Member Since Jul 19, 2020
751 posts
Timing of entry and exit is very important especially for short term trader. Sometimes a 5 min late you can miss a very good entry. If it's not timely you may need to widen your stop loss. Also sometimes you need to close the trade timely.
Thulfaqar A Ayyad (thulfaqar)
Member Since Apr 16, 2010
20 posts
Oct 11, 2020 at 13:33
Member Since Jul 19, 2020
298 posts
Yes timing is very important. We need to enter and exit a trade at the right time. Otherwise it's difficult to get profit. But for that one doesn't need to sit all the time before charts. If you are skilled enough you know when to look charts.
Member Since Jul 20, 2020
341 posts
lovefortrading (perryjohn765)
Member Since Sep 12, 2017
238 posts
Elena Triston (ele020)
Member Since Apr 15, 2020
219 posts
Nov 23, 2020 at 11:12
Member Since Apr 15, 2020
219 posts
Yes, timing is very important. A trader can either make or break at these points. But you don’t need to sit before the chart for the right time, practice on demo and make yourself skilled enough to know the perfect timings.
The more your practice, the more you learn.
Member Since Oct 26, 2020
29 posts
Member Since Jul 23, 2020
759 posts
Dec 23, 2020 at 17:47
Member Since Jul 23, 2020
759 posts
Tiffany07 posted:Identifying trend and finding best time to entry and exit from trades is essential for profitable trading strategy.
Certainly it is. Its about matter of seconds, not even in minutes. One has to understand the importance of entering or exiting a trade at the right time, else they'll lose various opportunities.

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