Everything I've Learned About Taking Profits: What It Costs to Sell Early, Into Strength, or Hold On

There is no free exit. Move the stop to breakeven early and it costs you. Sell into strength and it costs you. Hold on longer and your drawdowns get deeper. When you pick the sell rules you are going

There is no free exit. Move the stop to breakeven early and it costs you. Sell into strength and it costs you. Hold on longer and your drawdowns get deeper. When you pick the sell rules you are going to live by, you are optimising for one of three things: profit per trade, how deep the drawdown goes, or how often you are right. You cannot have the best of all three. But you can make an informed choice about which one you are buying, and that is what this article is about. 🔖Bookmark this for the