When to Close a Trade
Profit isn’t a technical indicator.
That means we shouldn’t exit a trade just because we have a profit. As a matter of fact, that’s only going to limit our upside because we stop making money the second we take the trade off the burner.
But if we never actually sell, we’ll never grow our accounts…
That’s why, as traders, we need to figure out when and where to take a profit. To speed up that process, we have a few strategies that can help you increase the size of your winners.
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