Trade Success: 7 Winning Exit Strategies & Tactics 💼

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  • čas přidán 27. 05. 2024
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    Trade Like a Pro: Master the Art of Exiting Trades 💼 Maximize Profits: Master Your Trade Exits! 📈 Importance of having a trading plan emphasized, especially for exiting trades.
    Seven reasons outlined for closing a trade, including hitting profit targets, trend line breaks, unexpected external catalysts, key levels being hit, price stagnation, reversal patterns, and time-based stops.
    Emphasis on systematic and methodical process for exiting trades to avoid emotional decision-making.
    Encouragement to develop a personalized checklist for take-profit signals based on the outlined reasons.
    Acknowledgment of the inevitability of occasional missed opportunities but the importance of sticking to the plan for long-term success in trading.
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Komentáře • 6

  • @ukspreadbetting
    @ukspreadbetting  Před 2 měsíci +1

    👉 Trade with our Recommended Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money.
    👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @).
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  • @saadamjad2911
    @saadamjad2911 Před 2 měsíci

    i used get out on breakeven after watching your video i realized i was exactly doing the opposite i was selling where before i thought was good place to buy thank you ❤

  • @VmcgHD
    @VmcgHD Před měsícem

    My simple rules. Take profit at 5% of margin size. Stop loss at 2% of margin size. I’ll increase TP if trend is strong in the right direction but i have to be present to watch this. If it happens, a TSL get’s entered that’ll be no less than 5% of that margin size. This isn’t an easy process and takes patience. You will lose plenty of times but the main goal is to keep your profit higher than your losses.

  • @sears62
    @sears62 Před 2 měsíci +1

    My exits have been a weak spot of mine last few weeks, simply failing to take profit and ending up getting stopped out. Greed possibly.

  • @StyngRay1
    @StyngRay1 Před 2 měsíci

    Pivots entry and exit

  • @mahditrader2485
    @mahditrader2485 Před 2 měsíci

    ❤❤❤❤❤🤑🤑🤑🤑🤑🤑