whats your exit strategy?

G

globe

Hi Traders,

Over the past few months I've develped a great entry strategy. But the problem is that (since I'm new to trading) I'm having a hard time choosing when to get out.

Even if my entry is great it is only profitable if I get out when I should.

For example, Tues. I bought DESC at 6.11. Altough I could have gotten out and made a little % I didn't.

(Honestly, I took a small loss. But what gets me is how can I better determine to get the hell out when I sould!)

So what is your best exit strategy?

Thanks,

globe
 
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