penny stock, Breakout stocks and ETF research for Day trading in stock market | 401k
trading penny stock breakout day investing
Skip Navigation Links
    Home
    •   About US
    Market Activity
    World Indices
    Market Watch
    Customer Service
    Learning Center
    Economic Event
    Login


Join Now




Advertise 2 ۩  Daily market forecast

Right Time exit

Right Time exit 
              - Free invest game invest Without exit strategy your trading system is not successful. To make 100 % successful stock trading or even day trading you need a exit strategy. Because market not moving only in one direction, so as trend change opposite to your position, you need to book profit or loss or you can switch your position. Profit booking at particular level is very necessary to protect your gain and reduce risk.

If you not book profit then there is 100% chance that your profitable trade converts in loser trade & you can loose money instead of make money. This happening with many traders many times that don’t have proper exit plan.
Many times our trade goes wrong way, after we buy some stock, and market suddenly change trend, in that case if you have some exit strategy you can come out with little loss otherwise you can loss more or all invested money. My basic principal is As long as you stay in the market you can recover your loss, so to stay in the stock market you need to cut loss and for that you need exit strategy.

Here are some points that you need to cover in your exit strategies.
  • Related News
  • Major government policy change
  • Negative divergence in your favorite technical indicator
  • Lover low and lover high pattern in force
  • Breakout of double bottom, triangle, head and shoulder chart pattern
  • Institution selling
  • Insider selling
  • Company comes under financial difficulties
  • Stop loss
  • Heating resistance or supply zone
  • Picks
  • Heating 200 Days MA, 100 Days MA Resistance
  • Gap fills up
Considering above factor you can fixed up your exit strategies before to trade not after, that make you successful trader. Above same fundamental applies for day trading and also for penny stock investing.

Exit strategy depends on your trading style, for swing trading you need to consider different criteria then day trading or long term investment.

For day trade you need to consider smaller time frame preferably 10 minutes for your technical analysis to get buy or sell signal.

I prefer hourly charts but time frame is different for different people and technical indicator too. For day trading exit and entry strategy news are very important and support and resistance also have lot important, because once market clear resistance or support it goes up to next resistance or support.

Exit strategy mean book profit or loss at predefined stage or condition. Develop exit strategy suitable to your trading criteria and stick with that. If it fails, analyze it and make appropriate change, keep this continuous and you sees the result, how fast your bank balance started to grow. In the stock market investment or trading even in day trading to protect your money exit strategy is very necessary that can make you successful trader. Especially when you invest in penny stock without plan you can loose money.You can use our stock market forecast for your day trading or stock trading to know support and resistance of index. We also forecast stocks and penny stocks for investing.


Related reading


How to find out Time Frame for stock trading
How to work with technical indicators to trade in the market
Did you know Technical Indicators moves behind Price
How to react at Resistance and Support
How to find out Resistance and Support
Importance of Technical analysis
Work with stock market trend
Right time entry in market
Right Time exit
Influence of News and Technical indictors
  

 

























Home for ۩ Day Trading | Breakout Stock trading system | Penny Stock Investing | Market Research

Contact Us | Affiliate | Disclaimer | FeedBack | Help | Site Map | RSS  RSS

All Rights Reserved © 2000-2006 Flyingstock.com


This Service is solely an information service provided by the an automated software tool and are for entertainment purposes only and are provided on an "as is" basis and without warranties of any kind, either express or implied. Flyingstock.com, its licensors, content providers, employees, officers and directors (Called the Company)does not warrant that the information contained in the Service is accurate or complete. The Company is not responsible and does not guarantee that the information contained herein or distributed from this site will be uninterrupted or error-free, or that defects will be corrected, or be liable for any errors or omissions that may be found in such information or for the results obtained from the use of such information. Subscribers and users of the free service contained herein or distributed from this site are encouraged to consult other sources and confirm the information contained within the Service. Subscribers and users of the free service understands and agrees that the Service should only be used as one of several research tools and that subscribers and users of the free service should consult with a broker or other investment professional prior to making any material investment decision. Both short-term and long-term investing have potential rewards, as well as large potential risks. Penny stock trading or day trading may not be suitable for all users of this site or the information provided by this service. Subscribers and users of the free service assumes the entire cost and risk of any investing or stock trading they choose to undertake. penny stock are the most risky investment so invest wisely. It should be understood that there is no guarantee that past performance of our stock trading system or day trading Strategy will be indicative of future results.