Entry and exit of a trade is very important

Elias · 1 Re: Entry and exit of a trade is very important Tue Jun 25, 2024 6:05 pm

Elias

Number of messages : 42
Points : 216
Date of Entry : 2024-06-13
Residence Country : Bangladesh

Entry and exit points in trading are critical as they determine profitability and risk. Effective entry timing maximizes potential gains, while strategic exits preserve profits and mitigate losses. Traders use technical analysis, market indicators, and risk management strategies to optimize their trade execution for successful outcomes in forex and other markets. I can successfully trade in any session with the LQDFX broker because of their advanced technology, narrow spread, multiple trading accounts and other facilities in moderation.

Sameulson · 2 Re: Entry and exit of a trade is very important Sun Jun 16, 2024 11:04 am

Sameulson

Number of messages : 106
Points : 347
Date of Entry : 2024-04-29
Residence Country : Bangladesh

Entry and exit points in trading are critical for profitability and risk management. A well-timed entry ensures favorable pricing, while a strategic exit determines profit realization or loss minimization. Traders use technical analysis, fundamental factors, and risk management strategies to optimize entry and exit decisions in line with their trading objectives.

Sariat Saimum · 3 Re: Entry and exit of a trade is very important Sat Mar 25, 2023 8:56 pm

Sariat Saimum

Number of messages : 140
Points : 2038
Date of Entry : 2019-11-11
Residence Country : Bangladesh

I think there’s no certain about the use of SL since, it will be our responsibility to know what will be our risk to be taken in our trades. Since, after all this will still be helpful for us who made mistake in our trades and to still have to chance to recover. Yes , if we want to survive the market particularly in reaching MC then, we must have stop loss.

J Martin · 4 Entry and exit of a trade is very important Sat Jun 20, 2020 2:10 pm

J Martin

Number of messages : 69
Points : 1933
Date of Entry : 2020-03-13
Residence Country : Bangladesh

Entry and exit of a trade is very important. If your entry is wrong, you lose money. Same may happen with exit also. But everything depends on your trading strategy and style. There is no simple answer. Your strategy will tell you when to buy and when to sell. Find a strategy that suits you.