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3 Trading Exit Strategies – How to Exit a Profitable Trade

September 30, 2022

Via: DailyFX

FOREX EXIT STRATEGY #1: TRADITIONAL STOP/LIMIT (USING SUPPORT AND RESISTANCE)

One of the best ways to keep emotions in check is to set targets (limits) and stops at the same time the trade is entered into. This is a much better approach than entering without a ‘stop loss’ and having to wipe the perspiration from your brow as you watch losing trades consume the account equity.

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