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Apr 25, 2023 20 min

Using Danger Signals To Exit Trades

from The Trader's Mindchat Show Hosted by Michael Lamothe

I like to give myself multiple ways to exit trades. The best way I've found to allow trades to run and exit when they begin to sour is to sell on "Danger Signals." Selling based on danger signals can act as a timebound stop. However, unlike selling based on ATR or a moving average, selling based on danger signals allows us to measure the evidence against a trade. WATCH US LIVE We stream this show LIVE Monday through Friday at 9:30 am EST on Instagram https://www.instagram.com/michaelglamothe/ Facebook: https://www.facebook.com/MaraWealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Twitter: https://twitter.com/MichaelGLamothe⁠⁠⁠ LinkedIN: https://www.linkedin.com/in/michaelglamothe/

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Using Danger Signals To Exit Trades

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This episode was published on April 25, 2023.

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