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Exit from a trade

UweMoench
Dec 13 2020 at 11:33
751帖子
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
Dec 13 2020 at 15:38
1帖子
What is the question ?

All you are saying is true .. but ??
AliaDare
Dec 14 2020 at 01:13
788帖子
If a trader does not follow the risk rewards and money management properly, he will never be able to become a successful trader.
Dictiony
Dec 14 2020 at 05:50
231帖子
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
Dec 14 2020 at 07:51
24帖子
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.
downtown
Dec 14 2020 at 08:39
26帖子
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
Dec 14 2020 at 11:40
809帖子
I agree with you. Proper trading plan should contain both entry and exit condition of a trade.
GeorgeBischof
Dec 14 2020 at 12:53
318帖子
You should make the right decisions at the right time to survive in this risky market.
Samuelkoi
Dec 18 2020 at 11:29
24帖子
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...
Gracewilson1995
Dec 18 2020 at 11:37
147帖子
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.
Raheemsterling22
Dec 23 2020 at 10:31
31帖子
Yes, the trading strategy has a lot to do with it. It’s a big part of the trading plan.
unsightlydray
Jan 18 2021 at 04:11
53帖子
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
Jan 18 2021 at 07:09
147帖子
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
Jan 18 2021 at 09:03
10帖子
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.
BBBLack
Jan 18 2021 at 11:28
12帖子
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
BalPaper
Jan 25 2021 at 19:07
16帖子
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.
AliaDare
Jan 26 2021 at 02:07
788帖子
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)
Jan 26 2021 at 11:14
238帖子
People have different opinion on when to enter or exit the trade depending on their trading style.
leahmclaughlin
Feb 12 2021 at 12:04
20帖子
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.
barmangrunt
Feb 26 2021 at 09:57
22帖子
That is right and it totally depends on the trade and how it might turn out to be.
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