FX · Building an FX strategy · lesson 4 of 9 · 8 min read · David Alexander
Exits: the decision you make twice
exit
Every trade has two possible exits and they are different problems. The losing exit is a level chosen before entry, and module 4 covered where it goes. The winning exit decides how much of a favourable move you keep, and it is the component with the largest effect on average win - which makes it the largest single lever on expectancy.
This lesson is part of the advanced modules.
Modules 6 to 8 are included with a paid account. The definitional summary above is the whole of this page until then.