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Why You Need To Have a Good Exit Strategy To Make Profits?

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Traders Paradise
Why You Need To Have a Good Exit Strategy To Make Profits?

As a newbie, you are probably spending hours in front of your screen looking for the best opportunities to invest or day trade in the market.

You may have also gone through your dose of trading strategies to study the charts and the graphs concerning individual trades.

Once you feel the setup is in the right place as far as stock is concerned, you put in your money in the hope of earning high returns.

The reason is simple and in one sentence – the absence of an exit strategy.

Most investors including wannabe traders fail to earn profits in the market as they are unable to figure out the perfect EXIT STRATEGY, let alone a ‘perfect strategy’, they don’t even have a good enough exit strategy.

When you decide on order with your brokerage firm, it is just half the job done.

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