Are you Struggling with Trade Management and Exit Strategy?
Posted: Wed Mar 23, 2011 8:56 pm
Thanks to all of the excellent wisdom on this site, I have greatly improved the win ratio.
However, my problem has been trade management, stop loss versus take profit etc...
Often I would take small profits, while at other times my stop would be hit and eat up the small profits. Very frustrating.
I came across the following article while reading some Sam Seiden stuff. This article really made some things clear. I thought I would share it here for others who may get benefit. Enjoy.
Vincent
http://www.yourtradingcoach.com/product ... rategy.pdf
However, my problem has been trade management, stop loss versus take profit etc...
Often I would take small profits, while at other times my stop would be hit and eat up the small profits. Very frustrating.
I came across the following article while reading some Sam Seiden stuff. This article really made some things clear. I thought I would share it here for others who may get benefit. Enjoy.
Vincent
http://www.yourtradingcoach.com/product ... rategy.pdf