Best Exit Strategies for Forex market ?

This is a discussion on Best Exit Strategies for Forex market ? within the Forex forums, part of the Markets category; Originally Posted by NVP totally ok for scalping ...fast and simple...if you get luxury of trading higher TF's you can ...

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Old Sep 25, 2018, 5:23pm   #106
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Originally Posted by NVP View Post
totally ok for scalping ...fast and simple...if you get luxury of trading higher TF's you can add a lot of subtlety to increase returns over time .....
I agree. But that depends on your strategy and your disposition, some people don't have the patience to keep long-term positions open.
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Old Sep 25, 2018, 6:32pm   #107
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I agree. But that depends on your strategy and your disposition, some people don't have the patience to keep long-term positions open.
like me............it is like watching paint dry ......
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Old Sep 26, 2018, 5:55pm   #108
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My reaction is a little different, I am too anxious to wait. I prefer shorter term positions so I can close them and go to sleep without worrying how the market will move while I am not watching it.
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Old Oct 6, 2018, 12:51am   #109
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I always exit when my stop loss or take process is touched so long as my initial analysis remain valid. If factors in the market change, the I can do an immediate close
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Old Oct 6, 2018, 8:19pm   #110
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I always exit when my stop loss or take process is touched so long as my initial analysis remain valid. If factors in the market change, the I can do an immediate close
i scalp most of the time these days.....timing of the move once in trade is a definite big big factor for me ......i havenít analysed it in detail but iím pretty sure my exits early when the trade stalls have saved me a lot more than leaving the trade in motion and hoping momentum continues

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Old Oct 12, 2018, 5:33pm   #111
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I always exit when my stop loss or take process is touched so long as my initial analysis remain valid. If factors in the market change, the I can do an immediate close
That is what I do as well, for the most part. I follow my trading plan, but if I suspect that fundamentals may cause a drastic change I close my positions. Being adaptive is just as important as being disciplined.
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