DislikedHey guys can someone please explain to me exits as I’ve been demons this for some time.im totally perfect at making entries but it’s to a point marketing start eating at the profits. I noticed it’s to late by the time the green makes a “check mark” or arch that it’s a goner. On 4h chart I would appreciate it if someone can give clear entries and exciting strategies that would save a winner trade into a loser... thanks again! I love this systemIgnored
first, you must learn and understand why the OP use the TDI Red Green version Post#25 for his entry and exit (single trade entry and single exit).
he did not always follow his own rule for TDI exit. Why?
that TDI exit rule causes confusion for new traders.
- to every rule, there are exceptions.
- rules can be broken, but only for those who have mastered the method.
- rules are meant to be broken. (this one got me into lots of trouble with my school headmaster during my school days)
study Post#7612 ... WHEN to Exit...confusion!
https://www.forexfactory.com/showthr...42#post4765242
another exception to that rule is the price pull back, but use this when you are monitoring your trade actively.
I call that Exit rule Post#557
https://www.forexfactory.com/showthr...34#post4580234
I have my own exception when I swing trade i.e. I use the R-Multiple trade management for my exit strategy. This work the better when there are swings of 3 to 8 candles and even better when there is trend breakouts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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