Exit egies???

[aioxma]

I understand MM depends on your risk tolerance, but why isnt more time spent discussing this particular topic. Everytime I read a new thread about a egy, the 1 thing they all have in common is MM. I am still a newbie so I am still studying. I have heard of lot stepping, martingale(poor MM), utilizing an ATR or monitoring stops etc.....
What I am looking into is increasing my position by 1 lot once trend is in my own favor. If I compute right I just need to be right 33% of the opportunity to acquire ( I believe ) but still studying.

I understand I dont have much to offer at this stage but maybe there are some men and women who can discuss there exit egies without showing their entrance egy and we could get a common factor. Dont misunderstand me I dont want someone to give away their hard work since I think we all should place in our own blood, sweat and tears to enjoy things. Only a beginning point so us newbies may be pointed in the ideal direction.
If someone has already covered this then please excuse me, I will have to do a better thread search. .

[aioxma]

Thanks for the Penetration Nipthepips. Can you use the exact same stoploss for all 4 lots if price doesnt go in your direction?

[beneoxkaveli]

When I enter a trade I have some amounts calculated into my Trade.
1) Absolute Must... INITIAL TARGET.
2) Absolute Must... Price that proves me wrong.
3) 75% of First Target.
4) Trailing Stop is Activated only AFTER 3) is achieved.
5) 3 Hard Consecutive Candles against me Overides 4)

I could go on but who wishes to read each of those points...

[oxmlymcflykikin]

I know MM is dependent upon your risk tolerance, but isnt more time spent discussing this topic. Everytime I read a new thread about a egy, the one thing that they all have in common is MM. I'm still a newbie so I'm still learning. I have heard of lot stepping, martingale(bad MM), utilizing an ATR or trailing stops etc.....
What I am looking to is increasing my position by 1 lot when trend is in my favor. If I compute right I just need to be right 33 percent of the time to win( I think) but still learning.

I know that I dont have much to offer at this stage but perhaps there are a number of men and women who can share there exit egies without showing their entry egy and maybe we can get a frequent element. Dont misunderstand me I dont want someone to give their hard work because I think we all should put in our own blood, sweat and tears to love things. Just a beginning point so us newbies can be mentioned in the right direction.
If someone has already covered this then please excuse me, I am going to need to do a better thread hunt. .

I usually discover 3 resistance points (or support depdning on long or short) and exit based on people (you can also used fibs)

So if I go long. . In 1.9000 for 4 lots and there is resistance at 1.9010, 1.9020, and 1.9040, I sell two of my lots at the first resistance (the more conservative one) adjust my stop, sell 1 cease at the second resistance, adjust my stop, market my last lot at the llast resistance. . .or carry it depdning on the sense of the market.

Hope that give you some thoughts