Traders Laboratory - View Single Post - Are you selling your stocks at the right time?
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Old 04-03-2007, 09:29 AM
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Re: Are you selling your stocks at the right time?

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Well, I do not focus entries intentionally. Everyone is focused on entries and live exits to his\her intuition, emotions etc. It is a rare situation when a non-professional (the 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.
Al - perhaps the theory sounds great of entries being irrelevant, but the practical use of that is marginal at best. Don't take my word for it, test it and trade it live and let us know how it goes.

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