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What is the Best Way to Exit a Trade? // Ep. 96

There isn't one best way to exit a trade. Learn how to figure out which method is best for your trading personality.

Home / Podcast / What is the Best Way to Exit a Trade? // Ep. 96

In This Episode

  • Why one exit type doesn't work for everyone
  • The 2 situations that you should consider when trading an exit
  • How to use partial automation to exit trades

How to Find the Best Trading Exit for YOU

A trader wrote in and asked what is the best exit to use in trading. In reality, there is no one best exit for everyone.

You have to custom tailor the exit to fit your personality, trading strategy and what you believe about the markets.

SUGGESTED RESOURCE: Learn Walter's trading methods here

So in this episode, we talk about the things to consider when figuring out your favorite exit. Hugh gives you his favorite type of exit to test on the first try, and how to reduce the overwhelm that can come when you feel that you have too many things to test.

Listen to the Audio Version

Click the play button below to hear the audio-only version. You can also download the mp3 file below.

https://media.blubrry.com/tradinglifestylepodcast/tp-podcast.s3.us-west-2.amazonaws.com/tp96.mp3

Podcast: Play in new window | Download

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Thanks for listening and we hope that your trading is going well!

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  • Trading the gold and silver markets

    The Psychology Behind the Gold and Silver Markets // Ep. 100

  • Buy the dip?

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Host: Walter Peters, PhD Topic: Trading Psychology

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About Walter Peters, PhD

Hi, I'm a full-time trader, co-host of the podcast and the founder of FXJake.com. Take a look at all of our episodes to find the tutorials that you're looking for.

Be sure to subscribe to get new episodes.

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