$AAVE ¿ WHEN TO EXIT A TRADE ?
For traders, knowing when to exit a trade is as important as knowing when to enter. A well-planned exit strategy can help you protect profits, minimize losses, and reduce emotional decision-making.
There are several options according to your preference:
• stop-loss orders,
• profit-taking targets,
• trailing stops,
• DCA or technical indicators.
Whichever you use, having a clear plan will help you stay disciplined and adaptable.
One of my favorites is:
Parabolic SAR (stop and reverse)
Example: The Parabolic SAR indicator plots points above or below the price. When the points shift from being below to above the price, it signals a potential exit point.
Try experimenting with different combinations to find what works best for your trading style and goals, and remember that long-term success comes from disciplined execution and risk management, not from guessing.