Episode 003: Understanding exits - the #1 ingredient to successful swing trading
Jul 01, 2018•21 min
Episode description
Entries, entries, entries.
Traders LOVE talking about entries.
And even though exits are a critical part of trading, almost nobody talks about them.
They're just not sexy enough.
But exits can make a HUGE difference in your trading results, so it's time to stop ignoring them.
We've received a number questions from Breakout Strategies Masterclass students about swing strategies and exits, and today we're going to answer some of them.
In this episode you'll discover:
- How swing trading is different to other types of trading,
- The importance of exits (for swing-based strategies and other trading styles too),
- The different styles of exits and which are the most effective for strategy performance,
- Trade management techniques and how they can impact the type of strategy you use,
- Some valuable insights from one of Tomas' favorite teachers, including a surprising lesson on the importance of exits over entries.
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