How to Exit Your Winning Trades Properly

#smbcapital #daytrading #stockmarket

[isaiahosofisan]

This video was very helpful in exploring various techniques to squeeze the most out of winning moves. It's frustrating when you build a thesis, nail the entry, and then leave a huge chunk on the table as the move continues. This can definitely help with getting the most out of every share

[Jkologe]

"A lot of people say .. 'if I just let my winners run more and... ', I don't know what the f*ck that means.." lol a-men Mike. Clear goals over flimsy after-the-close wishes.

[foleyk]

Bracket orders on a momentum spike can get you out quickly without emotions. The risk is that you don't get quite as much P/L and your win rate goes up.

[dougf]

Mike you are a dead set legend. This is awesome. Thank you.

[maxb]

Well there is a very simple method in addition to all this: Ride 9 EMA/30 WMA trend on 5m. Hard exit on cross. This stock on that day (and most stocks in trend - like JNJ on friday) rode to 43 if exited on cross. I do personally take half though at 20% - because I do have problems with reversals and most stocks do not trend for that long, especially in choppy markets

[mikewalker]

wow, , this is one of my biggest struggles as I day trade with options on mid-large cap, I typically buy puts when the MFi is over 80 and try to ride the trend down, often the trend continues with small retracements. The "greed" factor often comes in and now its, take the money and run, or let it ride. I will start incorporating the ideas you had in this video and have signed up for the webinar tonight.Thx, , keep them coming!

[samuelisaac]

Really enjoy watching your videos.... Thanks for sharing your knowledge..

[midosala]

Thank you so much, Mike! You guys are the best. I learned tons of info. from these educational videos.

[tristan]

This is EXACTLY how I cover my small cap short trades that are working out and rolling over for the whole day

[Zir]

What I found most helpful was the point relating volume to capitulation. I did what you said and considered this from the long side as well; I guess it would be exuberance? Big volume with a big up-move sometimes signals a good long exit (or short entry), depending on system and all other factors of course.

[carrfx]

Thanks Mike for another great and useful video. Any chance of a few more videos with regards to trading forex?

[livelovesail]

Thanks for the information. This worked great riding down beyond meat last week from 124 to 110. Perhaps you should mention gap filling as well.

[JayanthUkwaththa]

Great video, thank you very much for this lesson.

[elte]

This is my main problem, I am too patient on winning trades and usually leave 50 to 75% on the table...

[Thenarayanaclips]

The video is interesting.... My brain gets super activated. Thanks a lot for sharing.

[victororbegoso]

Outstanding performance and thanks for sharing. I understand the main focus are stocks and if you have some Forex activity it will be beneficial to learn your experience, knowledge, and wisdom in that particular market.
Thank you

[LukaszAdams]

Support resistance from Biger Time frame. Break out from range and Biger volume with candelstick.

[Nepyragas]

The best video/lesson/advice I have seen so far this year!

Now, please, same quality opening strategy :)

[majestik]

Hi Mike

Plesee could you do a video on whee stop losses should be placed.

[Cut-Throat-Trader]

When it starts basing out between the 50 7/8 and 51 7/8 area I would start looking to cover some of my position.. Maybe leaving 25%-33% to run with a trailing cover ..