How to determine the best positions for trade entry/exit?

Question

Zea · Accepted Answer

In the case of an entry point, You are looking for that point from which the price might go up or down, according to your strategy. Certain tools help confirm this.One is chart patterns. If the stocks are at the end of a bear season, then chances are the prices might go up soon. You can learn to read chart patterns and analyse them to make an assumption. Now, combine it with technical indicators. They are tools with which you can try to predict market movement. But keep in mind that as the price fluctuates, indicator readings can also vary.Coming to identifying an exit point, you can use the same techniques there as well. But there is a tool that you can use here - stop loss. By setting stop-loss, investors set a price at which an auto sale will be triggered. This helps cut down the loss.They say that it might be easier to get in but harder to get out of the stock market. Make a point that even if you have made profits, don't be greedy. Markets can get volatile in the blink of an eye. Therefore, be careful when it comes to your emotions.

How to determine the best positions for trade entry/exit?

1 Answer

1 Answer

How to determine the best positions for trade entry/exit?

1 Answer

1 Answer

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