Using Danger Signals To Exit Trades

25/04/2023 20 min

Listen "Using Danger Signals To Exit Trades"

Episode Synopsis

I like to give myself multiple ways to exit trades. The best way I've found to allow trades to run and exit when they begin to sour is to sell on "Danger Signals."

Selling based on danger signals can act as a timebound stop. However, unlike selling based on ATR or a moving average, selling based on danger signals allows us to measure the evidence against a trade.



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