While our entry signals have been proven over time and experience to be very special indeed; they’d be handicapped if we didn’t also pay attention to their ‘other half’; The EXIT to the trade.
There was a total of $3,200 USD in potential downside & upside trending profits (per contract) offered up by the Market in just the last 24-hours or so.
This potential came from over a $1,000 price move on downside trend & over a $2,200 price move on the upside reversal that followed.
All this, just by working off of the signals given by this unique Methodology.
It’s critical to remember this; Once in a trade, one needs to be able to detect the point of exhaustion for that trend and, it’s price break-out point in the opposite trending direction.
The same technology that generated the Entry Signals shown these last two days (from ‘The Excalibur Trading Method‘ Course), could be used to follow the trade’s trend and detect it’s Exit or Reversal point to go Long again. Just as it will detect the end of the present upswing in prices.
This is a Science, not magic or opinion.
Opinion plays no part in this process. The market will guide you along it’s natural course if you’re able to read it’s hidden, subtle signs.
You must possess both sides to the trading equation; otherwise opinion/emotion will creep into your decision process and rob you of the optimal results.
This why you shouldn’t take trades from the signals given on this website (the examples are purely for educational purposes only anyways: read the disclaimers), as, unless you have ‘The Excalibur Trading Method’, you won’t have the same insight into where the Exit point to a trade will be (and I don’t usually publish both points as I’m not up 24-hours to follow trades in the global markets).
Keep in mind this:
In most cases, traders do two things: Get out too early or, (more costly), stay too long in a market move. – George