[English] EXIT Techniques: Four Rules for Getting Out
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There is one entry point but many paths out. The same entry splits into different results depending on which exit rule you used. Only by recording which path it ended on can you see what to improve.
It shows how the stop loss line moves within one position.
- Move to breakeven — Once a set amount of profit is there, move the stop loss to the entry price. You get caught by pullbacks more often, but losing trades decrease.
- ATR trail — Raise the stop loss along with the size of the move. You ride the trend a long way, but you give back part of the gain from the peak.
- Exit on failure condition — If the reason for the entry becomes invalid, you get out even before the stop loss price is touched. You can only judge this if the reason was written down as a sentence.
- Exit at session close — When the session ends, clear the remaining position so that holding risk is not carried over into the next time band.
Check on the dashboard first which rules are switched on. You should also confirm on a demo which one operates first when rules overlap.
This is community learning material and is not investment advice, a personal recommendation, or a solicitation to trade. The conditions organized here are a conceptual explanation, and the actual behavior and setting values have to be checked against the version provided and its configuration documents. No rule guarantees a profit, a loss limit, or a fill at the intended price.
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