Hi all,
What are some of the best exit indicators, in your opinion, that are out there and why?
All information will be much appreciated.
Reasons for exiting a profitable position have to match the reasons for getting into it, or at least relate to them. So an exit indicator should be related to the strategy. Its almost always unhealthy to simply take the entry to stop-loss distance, multiply it by 2 or 3 and set your TP order from that. You might trial it as a new trader just getting used to trading but its not sustainable over time.
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