Short Term Trading Week Starting: 12th Sept, page-105

@Sunshine surfer

Good on you for having the knacks to put it out there. I read your post and wanted to share something that I hope will provide you with some information to help you with your trading, in particular with Exit Rules. The following paragraph is taken from the article listed below;

"It is often said that you could enter a trade at any price level and make it profitable by exiting at the appropriate time. While this seems overly simplistic, it is quite true. Trade exits are a critical aspect of a trading plan since they ultimately define the success of a trade. As such, your exit rules require the same amount of research and testing as your entry rules."

http://www.investopedia.com/univers...ow-start-trading-trading-plan-development.asp

Best Wishes with your trading
Cheers
GF

PS Also head over to the STT knowledge library as well, there is more knowledge in there than any dedicated trading book written by traders for traders imo.

Here is the link;

http://hotcopper.com.au/threads/sho...y-no-unauthorised-posts.2634026/#.V9aI6Ch96Uk