“Thank you for sharing this important trading resource…”

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Michael,

Thank you for sharing this important trading resource. I am getting back into trading and I am having a hard time identifying exit points. I appreciate that once you enter a trade, barring a material change to the trend, your next move (i.e. add more to or get out of the position) is predetermined. It seems difficult to know when to “let it ride” versus when to take smaller gains and move on. Also, given the amount of algorithm-based trading, it seems that 1-3 month position trading has many benefits, but I need to learn more about entry points for that time horizon that is not based on fundamentals or news.
Thank you very much and I look forward to your course.

Best,
Ryan

Let go of the short term. Read my FAQs.

Filed under Trend Following