Strategies for Exit
Given that an average of 30 to 40 percent of your overall trade entries will result in net losses, it's critical to know when to exit them. If you don't have a proper understanding of when to close positions, profitable trades will frequently turn to losing ones; you will prematurely close winning trades without a valid reason and exit losing trades at the worst possible times. This chapter presents strategies to help you manage trades that are going the right way, as well as strategies for efficiently exiting losing positions.
Strategies for Closing Winning Positions
When you find yourself on the winning side of an exchange-traded fund trade, emotions have a natural tendency to run high. Though the best professional ...