Exit Rules

When to exit? This is a common question which traders face every day. Here are our general guide lines when to exit.

What if after entering the market, the market turns sideways?

When you begin to see green bars, pay attention to the red dots or blue dots. Green bars indicate a sideways market. We don’t know which way the market will turn. There are two ways to react:

1. With some profit, or at least to break even: take a chance by holding the position using AbleTrend stops (i.e. blue or red dots). Then, begin to use longer time bars to help determine the market direction.

2. Without profit: simply exit the market.

In terms of making profit, you don’t need to become an expert in all these rules. Begin with one rule that best fits you and concentrate on your trading using only this rule. Build your confidence with it. Then add more one step at a time. Once you master the rules that help you win, you can repeat them again and again.

Main Page