The Importance of Exit Strategy - 1 | Forex
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http://www.YourTradingCoach.com - Risk Management - Are exits more important than entries? (part 1 of 4)
Comments
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I`ve got a very important question. I use MT4 and it does not have 3 m timeframe. How to use your strategy?
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is this video, were base on 1 minute timeframe trade?
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Hi Vince, I'm not sure which part you're referring to. You can find a PDF version of this video series at my website. Youtube won't let me post links. Just go to yourtradingcoach (dot) com . At the left hand side main menu click on EBooks. The ebook download you want is titled "The Importance of Exit Strategy". Hopefully having it in text may answer your question. If there's still confusion, please email me. Thanks, Lance
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Hi Lance, sorry but due my poor english i need some clarification, did you say that stop loss based on volatility didn't work? (ATR, SD...) Regards, Vince.
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Hi Lance Just to say thank you for such an amazing training help. You're quite straightforward when it comes the the real thing in forex. Keep up the videos and I hope you're having a great trading mate. Felix
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Thanks Jose Jose! Glad you enjoyed the "exit strategy" vids. All the best, Lance Beggs YourTradingCoach
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Thanks for you videos! Very well explained and helpful!
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@YourTradingCoach oh no. Videos are much more explanatory. Keep up the good work. Most of the time I can understand you. And you know how to present the videos in a very organized and simple way.
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@gguybr Hi gguybr, Thanks. LOL. I'm Australian, and couldn't change my accent even if I wanted to. I recognise it is a little difficult for some to follow at times, hence my focus for the last few years on written articles rather than video. Cheers, Lance Beggs
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Very nice videos. I love your accent too. Are you british? From London? I bit hard to keep up some time but do not change a bit. Very charming accent.
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definitely more important i think...like u said there r so many entry strats....its pretty infrequent to see a thread based on a exit strat
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Hi housechores, Absolutely right - understanding the volatility of the instrument you're trading is essential - for positioning of your stop, and selecting a suitable exit strategy (trailing or target). The followup videos should give a little extra info on this. Cheers, Lance. YourTradingCoach