Exit Strategy.

[mant123]

Friend in forex market or any other financial market you have proper knowledge to buy and you have same on selling if you you not sell after some time you can go on loss in forex market.to decision to buy and sell have taken to se by chart on forex market.

[dajowakd]

For me i'm agree with you, the exit strategy is very interesting to go out with a good profit, if you do an analysis on the output, you will still earned a good profit by all traders that analyze the profesionals input and output forgets !

[warsino]

For me I'm with you a good withdrawal time is worth more as than to win a thousand battles the books only teach you how to enter but do not usually teach you how to exit the markets in times and as I think a tp and st is the best we can do when we put an order markets !

do you think a good sister , a book only gives general knowledge only, and to know that the book is really good or not we also have to do the test , so will know the location of the existing deficiencies in the book of the .......

[mkdaolwa]

For me I'm with you a good withdrawal time is worth more as than to win a thousand battles the books only teach you how to enter but do not usually teach you how to exit the markets in times and as I think a tp and st is the best we can do when we put an order markets !

[kingsjee]

Usually all place efforts to seek out out smart entry level, exit in forex commerce additionally has important importance, whereas deciding to open a trade we should always additionally calculate applicable stop loss and target and it's smart to line these in your trade so trade shut on reaching target or touching stop loss.

[naziakhan]

ji bhaiya ye baat to theek hain good entry lete hain theek waise hi humare ko achi exit point bhi lena hota hain trader ke liye ye dono bahut hi jaruri hota hain taki wo entry ke sath exit bhi acha karke sahi income le sake bhiaya ji

entry bi es business ma buhat zaida zaruri hay lakin us k sath sath trader k liyay exit point k baray ma bi jankari rakhna buhat hi zaida zaruri hota hay agar us na jahan sa acha paisa earn karna hay tu .

[mukeshfx]

Jis tarah se Forex trading karne ke liye humen good entry point ki jarurat hoti hai usi tarah se apne trade ko achchi profit me close karne ke liye humen good exit point ki jarurat hoti hai tabhi hum apne profit ko increase kar sakte hai.

[PRAYOGO]

the market in time and I think a tp and st is the best we can do when we put an order market so focus on specific accessibility of so many of us miss the exit sure that's what you get to grips to the good and the appropriated

[msnali]

thanks dear for your in depth information with regard to exit stratey as the factors are important enter the market the same things also apply in this trading business with exit strategy i thini yu must be having stop loss and take profit in your every trade

[Bieela]

You may have the best of trades that turned into a loser, or u lost extra pips. Or, you had a bad trade that made unexpected pips.
Both of these are telling us something. The exit is just as important as the entry!

Besides exiting around areas of support or resistance, sometimes we feel disappointed by either not closing out earlier or closing out too late (lost some profit)

well, this is a simple method i've created tohelp keep pips on the table. It is quite simple, i give it in 3 steps

1. Three bars after entry move your SL to B.E (break even)
2. When another bar has formed, count from the new bar 3 bars a back (lets call it bar X).
3. Place your SL at the low of (bar X) for buying positions or at the high of the (bar X) for shorts

My backtest shows that if the trades are bad, u will be stopped out early without losing much. If the trade is good (lots of long bars) you will be stopped out when the trend is first exhausted.

Worked for me, hope it worked for you.

P.S, just pick a direction and try it...I know it sounds silly (funny to me too) but this is just my observation. Hope you can double check it with me and report your findings.

I really like what you've described, I usually also use traditional manner similar to what you are doing. but for other friends who do not know what to say or what TS TS will describe confused with those words, please for TS to include more examples of images that can be understood by many people.