i believe right timing is essential here, It can help us to create reasonable buying and selling results making our buying and selling goal. Technique is more specify your target which means some group of strategy according setting on entry and exit point.
In general both are important but if I have to choose between the two entry point has more importance, without a good entry point we will struggle in becoming a profitable trader in these market.
if like that, i will set trailing stop, trailing stop is often used by traders in order to limit the profit, because the use of trailing stop like this if it touched the op we are in profit, and this is a pretty good strategy and its often used until recently
both points are really very important for trading and we should respect it.a good trader will use both of option because exit point helping us to close our trades with profit in our absent.
My idea is we can`t sure about what will happen next in this market. So it s better we enter to a trade when time is right and also close the trade after making some green pips. It s all about satisfaction. We must satisfy what we get in here. Then there won`t be any problem with exit point. Entry point is always based on our analysis knowledge
Most forex tutors concentrate too much on entry points yet exit points are as equally important . for scaling for example your exits must be quick and whenever a trade doesnot behave as expected its a rule you exit from it fast
i was just wondering should i give more important to entry point or exit point? which is more important is forex?
lets share it guys...
Both are really very important. We should know when to enter and exit from the market. If we are wrong in entry point, then our deals will start to float in negative side and if we are wrong in exit point, then we will lose our profits and again need to wait for the next exit point.
I think more important is the current market entry. because this is the key to success. if you go at the right time, then you will surely get profit. if not, then you will get floating. to exit, we think later.
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