Opinions on best Exit Strategy?

New comment
 
  • 0% (0)
  • 43% (3)
  • 57% (4)
Total voters: 7
 

Which strategy is best to close the position? - forum thread

Exit Strategy : What's yours? - the forum thread
Which strategy is best to close the position?
Which strategy is best to close the position?
  • 2013.05.29
  • www.mql5.com
Which strategy is best to close profitable positions. Take profit value :) my view : all this  ( type of position, when get a position, take profit , stop loss ,  trilling stop or exit from position ) called strategy
 
Stephen Otte:
  • Fixed Take Profit target
    0% (0)
  • Trailing Stop Loss
    40% (2)
  • Both
    60% (3)

I would have liked to see a dynamic exit in your Poll. To be clear, a dynamic exit is a variable distance exit based on an indicator, calculation, etc. Also, a dynamic exit evaluates conditons client-side─as opposed to a server-side fixed stop.

I voted for "Both" because that option is closest to my dynamic exit coupled with my fixed stop.

 
Stephen Otte:
  • Fixed Take Profit target
    0% (0)
  • Trailing Stop Loss
    33% (2)
  • Both
    67% (4)

The best exit strategy isn’t one single rule — it's combine risk control + market structure + trade management. The goal is simple:
👉 Protect capital first, maximize profit second.

New comment