To: TobagoJack who wrote (215835 ) 8/9/2025 1:41:34 AM From: Box-By-The-Riviera™ Read Replies (5) | Respond to of 217830 yes, the ultimate goal is an institutional price. not a speculative one. for sure. then the job is done. that surely would be an exit point in consideration of all other assets and interesting paying assets on the landscape when that day comes. shall we pray there is actually something to buy when that day comes? kinda like a sat photo of gaza.. what would you buy from that landscape? the beat goes on. drums and rythems in my brain. laddy laddy dee, laddy laddy de. they were so queer sonny and cher. LOL and YES. for every well crafted trade short term, or positional macro long term, there must be an exit plan as well. always. if for no other reason, discipline. not knowing your exit in advance is pretty much the same shit as not knowing your entry point. for me that's 101 trading school. I doubt many give their risking that much thought but I've never met anyone thus far these years who did and does do that. not one including some of the best I've been able to meet. not one. the way you exit can be profound in so far as what you leave on the table when you exit (aka too early or too late) and then what are you gonna do with the capital that is now unallocated. USA don't forget your fucking taxes while you buy cheap shit champagne. Your job is not done babe. In this game, your job is never done, never. the so called trader of all time his name escapes me at the moment and i'm not going to look it up, did the short of all time when the 1929 crash happened. fucking hero in the game of trading the market of obviously short term. no genius on macro. and then he goes long and buys that bottom or supposed bottom. and get's wiped out in the bounce. FYI, folks who held shares in ATT in 1929 if they didn't sell, did not break even again until something like 1949 by the way. That being said, his name is now in my head Jesse Livermore ended up at zero plus a bullet in his head. As a trader, I've always taken his story to heart each and every day.