Testing Exit Strategies by Jeffrey Owen Katz, Ph.D., and Donna L. McCormick
ARTICLE SYNOPSIS ...Testing Exit Strategies by Jeffrey Owen Katz, Ph.D., and Donna L. McCormick
Everyone's looking for entry trading signals, but what about after you're in the trade? Last time, Katz and McCormick looked at different techniques for making a graceful -- and profitable -- exit. This time, they're testing various exit strategies, both separately and in combination, to determine how well they can improve a trading system.
Last time, we discussed the problem of exit strategies. We determined that a good exit strategy is important because failing to exit at the proper time can cost a trader dearly, and...