How Do You Know When To Exit A Trade?
Hey Traders đź‘‹
Today I wanted to share with you a quick lesson that has helped me with knowing exactly when to enter and exit trades....
First:
Add the 4 and 10 period moving averages to your chart
Second:
When the trend begins let your profits ride until either
A) A Candle closed above or below the 10 moving average (you could close early, but its the most profitable exit)
B) The 4 and the 10 MA cross back over eachother at candle close (less profitable, but more concrete)
I hope this helps with increasing profit instead of hoping and guessing! Take a look for yourself and see if this is something that you want to implement on your charts and strategies!
[This works on ALL time frames!]
Today I wanted to share with you a quick lesson that has helped me with knowing exactly when to enter and exit trades....
First:
Add the 4 and 10 period moving averages to your chart
Second:
When the trend begins let your profits ride until either
A) A Candle closed above or below the 10 moving average (you could close early, but its the most profitable exit)
B) The 4 and the 10 MA cross back over eachother at candle close (less profitable, but more concrete)
I hope this helps with increasing profit instead of hoping and guessing! Take a look for yourself and see if this is something that you want to implement on your charts and strategies!
[This works on ALL time frames!]
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.