Entries Are Important, Exits Are Critical

Everyone is focused on entries and live exits to his\her intuition, emotions etc. It is a rare situation when a non-professional (our sevice adresses mostly them) trader has a precise exit strategy and follows it. Exit is much more important than entry since it is exit that creates profit or loss.

By my research, trailing stop shows positive result even if you enter RANDOMLY. Statistically, of course. I would say that entries do not play that big role, that exits do.

Here's an interesting post I've found this morning:

Entries are important, but exits are the key. In my estimation, no entry should ever be made unless the exit strategy is in place first. I believe a trader needs to have an initial exit that is predefined and that is close to our entry. He should then continue the exit strategy by following behind a positive movement with some exit method such as a trailing stop loss, or by moving a stop loss, or by having an alert that he follows, etc. Again, the trader's business plan should incorporate the exit strategy that will be used and then it should be followed. Read the whole article.

As for the the exit strategy, please, consider using Sell@Market. This is right what it is being developed for.