How to Determine Entry and Exit Prices in Swing Trading.
✅ How to Determine Entry
Determining the entry price means deciding when to enter a trade. Choosing the right entry point is crucial, especially if you want to trade using a trend-following strategy in the market.
One common dilemma is when you enter too early, there's a risk of getting caught in a false breakout. However, if you enter too late, significant opportunities may have already passed.
✅ How to Determine Exit
Determining the exit means deciding when to exit a position while trading. Deciding the exit price is just as important as choosing the right entry moment.
Because if you exit too early, you could miss out on profits, while staying too long can be risky if the trend suddenly reverses.