Entry and exit in the trading or the deal is by knowing the direction. As the other member's said it comes with lots of experience.
How do I exit a trade?
- Thread starter Ese11
- Start date
- Watchers 13
I guess when you trade you already follow a plan to earn profits, so make realistic approach and exit at the point where you have made enough profits. Don't greed for more as you might not be able to recover if the market went against your expectations.
Establishing profit target levels also trailing stops are a helpful tool for profit taking and limiting losses.
