Exit Strategy.

[deepak]

l also got an exit strategy which is very protective.when l am trading with 1 hour time frame l prefer to use the previous candle as my stoploss.when the new candle open below the previous one then l will sell and l will place my stoploss as high of the previous candle.so the logic here is to keep the stoploss very short .so if the trend will turn back against you you will not loss much.and it will work most of the time.

[sgiant]

I'm using this strategy depends on market conditions that are running, not all market conditions in accordance with the strategy I use.

[cozard007]

This are very important in the account management practices, show me a well manager in this game and i will show you a trdaer that really knwo what he is doing and will succeed.

[fadil]

you have to learn the manual and follow a strategy it is wise to be able to define these exchanges

[xomes]

Every strategy have its own way of exit and entry but i am trading with Elliot waves and harmonic waves these days and i can use very tight stop loss that give me piece of mind because my risks always remain lower and affordable.

Forex is really a complicated program which requires you have rich knowledge about forex. as a newbie, I have three tips for them: Firstly, it is not easy to earn money from forex, you counld take great risk if you have no rich knowledge to trade in forex.

[ahmdadafa]

For me i use bearish engulf , MACD cross over ,and the Lowers low , doubles tops ,and the bearish divergences as bearish symtops and to exit my positions and the Channel tops and break out and break down also works for me really !!!

[sgiant]

I'll get out of the strategy, if the strategy is not in accordance with market conditions that are running.

[mostak]

Foreign currency people entry way aur departure factor bahut zaruri hair jate hai kyunki apka gain aur great loss inhi pe vary depending karta hai
departure factor make your mind up karna bhi akfi zaruri hota hai.. meri samjh sony ericsson so that you can individual ko hamesha prevent great loss aur bring gain sector ke aid aur challenge ke hisba sony ericsson hey there placed karne chahaiye.. yahi dono departure factor hote hai two ke.

[joget]

I agree, exit has a very important role, which is just as important when we do the entry. but it would be better if the entry is made is in the right position, in accordance with the direction of the trend that occurred, either on a large timeframe and on a smaller timeframe. so that the exit will be done more easily.

[bocah]

perhaps if newe trader must ask to master trader in order not to lose a lot of money. me too new trader, give me support become master trader. and become rich man