Taking profits is one of the hardest things for a trader to learn once they get past the basics. There are a myriad of strategies a trader can employ, each with their pros and cons. I've mentioned how I use a volatility based exit strategy called the Chandelier Stop a few times on this blog and twitter, and it is the subject of an article I wrote for SFO Magazine. It came out in this months issue and goes into great detail in how the stop is constructed. Check out the Chandelier Stop article here if you're interested in learning more.
Any feedback is welcome and appreciated,
Joey
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