How Do You Know When To Exit A Trade?

Hey Traders 👋

Today I wanted to share with you a quick lesson that has helped me with knowing exactly when to enter and exit trades....

First:

Add the 4 and 10 period moving averages to your chart

Second:

When the trend begins let your profits ride until either

A) A Candle closed above or below the 10 moving average (you could close early, but its the most profitable exit)

B) The 4 and the 10 MA cross back over eachother at candle close (less profitable, but more concrete)

I hope this helps with increasing profit instead of hoping and guessing! Take a look for yourself and see if this is something that you want to implement on your charts and strategies!

[This works on ALL time frames!]