Getting in and out of trades

Inteligex • Oct 05, 2022

At Inteligex we see many Traders and the thing they all have in common is that they all want to improve their trading performance.  Whether they're new to trading or have been trading for many years they just want to get better.  They know that learning to trade is learning a skill for life and therefore they have a strong desire to learn.  If you can master trading it's the perfect side gig to provide you with an extra income and if you get good enough you can even give up your day job and become a lifestyle trader.


To become a profitable trader you need to be able to trade consistently.  Nobody would argue with that point.  But for many it's easier said than done.  To trade consistently you need to be in full control of your emotions, have a strong trading strategy and clear risk parameters.


Why?  Because it's no good making a nice profit on 5 consecutive trades and then giving it all back on the next trade (sound familiar?).   If you do that it means you aren't managing your risk effectively and you're not applying your trading strategy consistently (or maybe you don't have a trading strategy that works?). 


Sure you're always going to lose on some trades but you should be capping your losses so that you are always coming out on top, the impact to your trading account should be net positive.


There are two main Trader challenges that we see:


  1. Not knowing where to get into a trade
  2. Not knowing when to get out of a trade


Scenario 1.  You jump into a trade after it has already started moving.  Sometimes you're lucky and it moves further forward but more often than not it pulls back leaving you with a loss.  Once the market moves you've missed the best trading opportunity, you need to know in advance when to get in.


Scenario 2.  You got into a trade at the right point and it's now started to move in the direction you anticipated.  The problem is you're unsure where to get out.  So you either get out too early because you're so worried about losing money you exit right after break even or you hold on for too long and the trade pulls back eroding your potential profit.   Having a clear stop and target are the key to consistent profitable trading.  Take money off the table when it's there and exit the trade when it isn't.


Let's be honest here.  If you don't know where to get into a trade and you don't know when to get out you are not trading, you are gambling.  And one thing we know here at Inteligex is that if you gamble with the markets, in the long term you will always lose.  You should not be getting an adrenaline rush from trading, you must be able to control your adrenaline so that you can make emotion free decisions.  If you want an adrenaline rush then bet on sports.


So you need to know where to get into a trade and when to get out.  Plus you need to be able to dynamically assess risk and know which trades are for you and which ones aren't.  Which means you need years of experience and an in depth knowledge of technical analysis and chart patterns OR you need a very good trading system and a simple process to follow.


Now as luck would have it, we have one of those.  So whether you think of yourself as a swing trader, a scalper, a market timer or whatever then come talk to us. 


WHY?  Because all trading involves getting in and out at the right place and Inteligex have unlocked that trading secret.


As one of our Members posted in the chat room today:


And for us, that's the best feedback we can have.


The Inteligex Trading System gives you award winning, proven Trade Signals and Indicators.  Our extensive machine learning and sophisticated algorithms effectively predict market movements and price points.  It's simple to learn and easy to use, we teach you everything you need to know and support you throughout your trading journey.


To see what Inteligex can do for you, book your FREE no obligation Personal Consultation below.


BOOK NOW
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