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Episode 003: Understanding exits - the #1 ingredient to successful swing trading

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Manage episode 211137715 series 2372134
Content provided by Better Trader Academy, Andrew Swanscott, and Tomas Nesnidal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Better Trader Academy, Andrew Swanscott, and Tomas Nesnidal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Entries, entries, entries.

Traders LOVE talking about entries.

And even though exits are a critical part of trading, almost nobody talks about them.

They’re just not sexy enough.

But exits can make a HUGE difference in your trading results, so it’s time to stop ignoring them.

We’ve received a number questions from Breakout Strategies Masterclass students about swing strategies and exits, and today we’re going to answer some of them.

In this episode you’ll discover:

  • How swing trading is different to other types of trading,
  • The importance of exits (for swing-based strategies and other trading styles too),
  • The different styles of exits and which are the most effective for strategy performance,
  • Trade management techniques and how they can impact the type of strategy you use,
  • Some valuable insights from one of Tomas’ favorite teachers, including a surprising lesson on the importance of exits over entries.
  continue reading

88 episodes

Artwork
iconShare
 
Manage episode 211137715 series 2372134
Content provided by Better Trader Academy, Andrew Swanscott, and Tomas Nesnidal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Better Trader Academy, Andrew Swanscott, and Tomas Nesnidal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Entries, entries, entries.

Traders LOVE talking about entries.

And even though exits are a critical part of trading, almost nobody talks about them.

They’re just not sexy enough.

But exits can make a HUGE difference in your trading results, so it’s time to stop ignoring them.

We’ve received a number questions from Breakout Strategies Masterclass students about swing strategies and exits, and today we’re going to answer some of them.

In this episode you’ll discover:

  • How swing trading is different to other types of trading,
  • The importance of exits (for swing-based strategies and other trading styles too),
  • The different styles of exits and which are the most effective for strategy performance,
  • Trade management techniques and how they can impact the type of strategy you use,
  • Some valuable insights from one of Tomas’ favorite teachers, including a surprising lesson on the importance of exits over entries.
  continue reading

88 episodes

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