When Should You Exit A Commodity Trade? 1-800-615-7649

07 Mar in Blog, commodity trading, commodity trading rules, futures broker, Michael Seery, options broker, Seery futures.com simulated trading

WHEN DO YOU EXIT A TRADE ?-- The biggest question that I have been asked is when do I exit a winning trade and when do I exit a losing trade? In my opinion the rule of thumb that I use is placing my stop loss at the 10 day high if I am short or a 10 day low if I am long. The other rule of thumb is to place your stop loss at the 2% maximum loss allowed in your account for any given trade.

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