Question about taking profits:

Quote from Echieo:

I'm pretty good at jumping on trends but bad at knowing when to take profits. I pick good entry points but lousy exits. When is a good time to take profits trend trading. Are trailing stops worth using or do you just continually move your stop above points of resistance (when shorting).

My initial thought was to take profits when the trend breaks, but I find myself uncertain of what to do when it breaks in my favor.

Any input would be appricated. Thanks!

Thats like asking how long is a piece of string - Exit profits depends on your system - if you in and out like a b..tch then its OK for small profits but system has to have a high win ratio to work - on the other side it can be big profits with another system but with low win ratio - both work but its a matter of strategy that you have to apply consisently - in other words there is no one answer, you have to know yourself and your system. Most never.
 
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