InvestorQ : How important are entry and exit in markets while trading?
simran Kaur made post

How important are entry and exit in markets while trading?

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3 years ago
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When it comes to trading, exit is as important as trading. After all, you may money when you exit a position and not when you enter a position. So you need to plan your exits also properly. But there is something beyond entry and exit of stocks. Normally we associate trading with entry and exit only. There are other aspects to trading too. While entry at the right price gives you access to the stock at a reasonable price, exit at the right price actually gives you the profits. Traders always make profits when they cover their positions. However, there is the third aspect of escape. There are times when profits and losses don’t matter. What matters is that you just need to get out of the market on a priority basis. That is called escape. Why do you need to escape from the markets? There could be a variety of reasons. Firstly, you could be stuck in a wrong position and finding the escape route is more important than exit. Secondly, you could be in a totally volatile market…

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