Exit from a trade
Biedrs kopš
751 ieraksti
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.
Biedrs kopš
1 ieraksti
Dec 13, 2020 at 15:38
What is the question ?
All you are saying is true .. but ??
All you are saying is true .. but ??
Biedrs kopš
788 ieraksti
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.
Biedrs kopš
231 ieraksti
Dec 14, 2020 at 05:50
UweMoench posted: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.
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.
Biedrs kopš
24 ieraksti
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.
Biedrs kopš
26 ieraksti
Dec 14, 2020 at 08:39
Samuelkoi posted:I think he is sharing the simple statement regarding exit from a trade but nothing else.
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.
Although, I would say that this fit well in new trader section, not in general one.
Biedrs kopš
869 ieraksti
Dec 14, 2020 at 11:40
I agree with you. Proper trading plan should contain both entry and exit condition of a trade.
Biedrs kopš
318 ieraksti
Dec 14, 2020 at 12:53
You should make the right decisions at the right time to survive in this risky market.
Biedrs kopš
24 ieraksti
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...
Biedrs kopš
147 ieraksti
Dec 18, 2020 at 11:37
downtown posted:ya..there is no point of creating threads then.Samuelkoi posted:I think he is sharing the simple statement regarding exit from a trade but nothing else.
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.
Although, I would say that this fit well in new trader section, not in general one.
Biedrs kopš
53 ieraksti
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.
Biedrs kopš
147 ieraksti
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.
Biedrs kopš
12 ieraksti
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
Biedrs kopš
16 ieraksti
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.
But it can really undo all the things you've done before, so you definitely have to be careful here.
Biedrs kopš
788 ieraksti
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.
Biedrs kopš
238 ieraksti
Jan 26, 2021 at 11:14
People have different opinion on when to enter or exit the trade depending on their trading style.
Biedrs kopš
759 ieraksti
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.
Biedrs kopš
536 ieraksti
Dec 29, 2021 at 05:43
SofieAndreasen posted:TP and SL are the most important element for new traders to survive in this market
Set TP and SL at beginning of the trade. Don’t adjust it after seeing the change of price action.
Biedrs kopš
399 ieraksti
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
Biedrs kopš
176 ieraksti
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.
