Frankly, Jason. . .I think that Kevin might clue us in better on the exit targets, as he is mostly into TA. William also uses it and could give better info on exit strategies than I.
I don't use a reliable exit strategy currently and have more to learn, regarding when to sell.
Being intuitive, it is easy for me to "see" what is coming, but when the clouds of buyers fog up the vision, I get a bit confused. . .don't really mean for this to be funny, but the moment I physically STAND [as if to do a dance?], is the TRIGGER I would use for exit. If I count to 60 following that moment, the peak has almost always been reached.
But seriously folks, exit strategies are important, as they bring our bread and butter. . .I usually sell in 3 stages. . the first is based on the "safest" place to remove most of my investment. . .the second is based on technicals "from the hip" and takes the most calculation. . and the third sell is where I try to call the top . . or wait to see if any further run is possible.
But please, like I said. . .my exit methods need improvement. And I would suggest others give theirs.
Rande Is |
