Exits: The Forgotten Component by Roy M. Sidewitz
ARTICLE SYNOPSIS ...Exits: The Forgotten Component by Roy M. Sidewitz
In many ways, a consistently successful exit strategy is more difficult to implement than an entry strategy.
Often, entry points are so emphasized that exits, which
may be even more critical to overall trading success than entries, are sometimes overlooked. This is because when you are contemplating an exit, you are already in the trade; the emotions of fear and greed make getting out of it more difficult. A missed entry is just one missed opportunity out of many, but a missed exit could easily result in a dramatically diminished trading acco...