فوركس ساتو

EXIT 2 – Get stopped
Take a look at the following chart screen shot I’ve taken in real time
of EUR/USD (5 minute candles over 5 days).

Now let me ask you, wouldn’t it have been better to simply get
stopped out rather than manually exiting your position?
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Myself personally I am most often a day trader, and I like to exit for
profit at the end of a trading session. Another strategy is to towards
the end of your trading session just stop adding lots, relax your
trailing stops somewhat and just let it ride. Or you can close all but
one of your open lots, put a liberal stop and see how far it goes.
Watch out for big Fundamental Announcements and weekends that
could nuke you, but aside from those potential dangers you could
end up catching some very nice pips, or you could get stopped out.
But so what if you get stopped out since you’ve left your stops to
secure your nice profits, right?
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