My limited day trading experience supports what you said.
What Matters More: Entry or Exit?
- Thread starter schizo
- Start date
Brainteaser for the weekend.
I used to think nailing the entry was paramount (both price and timing) and everything else was secondary. These days, however, exits play a bigger role.
What say you?
What's more important, stops or targets?
You all know what I think. A good entry usually requires 2 or 3 good entries while you are averaging down. The exit just depends on what year Lambo you want to get. 
So definitely entry more important than exit. I always say with stocks or real estate you make your money when you buy not when you sell...meaning that if you get a good entry you can't lose money.
So definitely entry more important than exit. I always say with stocks or real estate you make your money when you buy not when you sell...meaning that if you get a good entry you can't lose money.
Stops.
Targets because profits lower your break even wheras stops raise it.
More often than not, targets are just wishful thinking. Not unlike your Lambo. Hard or mental stops are real.
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You have all of your bases covered sir!%%
BOTH, but for trading ; scale out exits, generally , as you noted .
Adding some to winners can be wise ;
+cutting average size when wrong[exits etc......]
EVEN the SEC noted the importance of exits '' Paused Their Climate Change ''[ rule-scam]
I would exit also ,[ in additions to my plans] if many business sued me, over something like that SEC scam ruleSRN News + WSJ news
Ever thought of running for office, be senator of your state?
Kidding aside, I like your answer because there is no one size fits all. Some make $ with entry others with exit.
I struggle with both entry and exit.
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What say you?
Brainteaser for the weekend.
I used to think nailing the entry was paramount (both price and timing) and everything else was secondary. These days, however, exits play a bigger role.
What say you?
