Should You Exit Your FX Trade On Strength Or Weakness?
From dailyfx.com
-Why Traders Neglect the Exit -Two Exit Approaches -Specific Tools for Both Exit Strategies “You can’t control what the market does, but you can control your reaction to the market. I examine what I do all the time. That’s what trading is all about.” -Steve Cohen, Hedge Fund Manager In my experience, the more years a trader has under their belt, the more attention they pay to the exit on their trade. It’s not that the entry isn’t important, it’s just that there’s a direct profit impact based on your exit. This article will breakdown two methodologies for exiting your forex trades so that you can choose the one that ...
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