Exit Strategy.

[akshay1728]

be on the safer side always you have to fixed the amount of profit that you have to make in a single day and after getting that profit you have to exit your trade with sufficient profit

[abbey ak]

yes i think you are very correct most traders never find it so easy to exit the trade when its going wrong so i really think some traders need to understand the forex is all about profit and lose and the more you trade you need to learn more, learn how to lose less and profit the more but there is no way you will not lose

[wending]

Thank you so much for your sharing about the exit strategy here.For me,I usually set a target 10 pips under the resistance line or 10 pips above the support line,which gives me a very good result by using this strategy there.

[sairin]

If you already have profit in forex I tried to cover all the existing order position is important because the accumulation of profit is greater than the number of how many targets do not lose points in perole but only concerned with profit

[sweetrevenge88]

I think a lot of traders are confused when to exit their trades properly. The say that we exited too early thus earning only few profits.I think it is right because the market can turn against us anytime. A 10 or 15 pips profits is better than a losing position or a huge negative draw down. Exit your trades when in profits not when in loses.

[muhammadatif]

Yes you are right exit strategy is very important with trading strategy. According to me ability to find good entry and exit points of any trader it�s a capital of his trader.

[usharoy007]

An exit strategy is a means of leaving one's current situation, either after a predetermined objective has been achieved, or as a strategy to mitigate failure.[1][2][3] An organisation or individual without an exit strategy may be in a quagmire. At worst, an exit strategy will save face; at best, an exit strategy will peg a withdrawal to the achievement of an objective worth more than the cost of continued involvement.

[kalponick]

I dont have any solid exit strategy yet.. When my trading system told me something suspicious and also when my instinct told me to stop that trade only then I close that trade.. Although most of the time this thing is done by my profit target.. this is why I dont really care about my exit target at all..

[mohamed2020]

I think entry strategy an exit strategy is most important all trader.Money Management Exits. Every exit strategy must include a money management exit. A money management. exit is generally implemented using a stop order.

[trader_jambi]

memang terkadang kita menyesali kenapa kita yang seharusnya dapat profit yang maksimal akhirnya malah harga berbalik arah. kita masih berharap bahwa harga akan terus berlangsung sesuai dengan apa yang kita inginkan. namun kita sering terjebak pada keinginan untuk mencapai poin yang banyak.