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[amibroker] Exit Strategy (was Re: TJ: TASC February 2005 Traders Tips)



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> And when we have the ability to partially liquidate a position, some
> tests will make great sense that we simply cannot do right now.  I'm
> waiting with such anticipation.
> 
> Yuki

Is exiting a portion of your trade before your profit target is hit a 
viable strategy?

http://www.traders.com/Documentation/FEEDbk_docs/Abstracts_new/Passamo
nte/Passamonte.html

I tend to agree with Austin Passamonte that it may not be a viable 
strategy, but I would not use a profit target either, nor a trail 
stop or a time stop.

The only Exit strategy I would consider:

The reasons I had when I entered a trade are no longer there, i.e., 
the framework of evidence, collapsed.

Pal









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