Dr. Alexander Elder says it best: “Exits are what separate experts from amateurs.”
Do you have good exit rules?
How did you develop them?
Do you actually use these rules?
We teach rules with Real-World, Real-Time examples every day.
Nearly every trade is profitable at some point; there are a few trades that just go bad from the get-go. Even trades where people lose money have been profitable at some point. How come you didn’t recognize? How come you didn’t grab this profit? Entrances are relatively easy; exits are what separate experts from amateurs.
Dr Alexander Elder says, in his book, Trading for a Living,”You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anybody.”