🧠 Greed in Trading - Episode Five: The Exit Plan… It's Not a Luxury, It's a Rescue
We all know how to open a position, but how many of us have a "clear exit plan" from the very first moment?
Greed always makes you wait for "just a little more," and you keep extending the position until the market decides to take everything from you.
"I'm winning and there's still an opportunity"… this phrase has ruined many accounts!
🎯 The exit plan doesn't mean you're a coward; on the contrary…
It means you're a professional, thinking with your mind, not your emotions.
Determine:
Why are you entering?
When will you exit?
And if the market goes against you… how much will you "just" lose?
People lose not because of the market; people lose because they didn't think about exiting before entering.
