Building Your Trading Plan·Lesson 19 of 25·14 min
Exit Rules, Profit Targets, and Scaling
This lesson is for enrolled learners
The concept An exit rule is the mirror of an entry rule: a pre-written, mechanical condition for closing all or part of a position, covering both the loss side (your stop-loss, already set at entry per Module 3) and the profit side (your target and any scaling plan). Most new traders plan their entry and stop carefully but never plan……
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