UweMoench
Miembro desde
330 mensajes
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.
Traderking42
Miembro desde
1 mensajes
Dec 13 2020 at 15:38
What is the question ?
All you are saying is true .. but ??
All you are saying is true .. but ??
AliaDare
Miembro desde
353 mensajes
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.
Dictiony
Miembro desde
181 mensajes
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.
Samuelkoi
Miembro desde
24 mensajes
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.
Just let's make this place interesting and share really worthy information.
downtown
Miembro desde
26 mensajes
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.
LyudmilLukanov
Miembro desde
327 mensajes
Dec 14 2020 at 11:40
I agree with you. Proper trading plan should contain both entry and exit condition of a trade.
GeorgeBischof
Miembro desde
318 mensajes
Dec 14 2020 at 12:53
You should make the right decisions at the right time to survive in this risky market.
Samuelkoi
Miembro desde
24 mensajes
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...
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...