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[aparsai]

I have written an article that explains six different exit tools to enhance your trade experience. Click here to read the article.

[sam111]

Trailing stops are one type of exit strategy used in forex trading systems.
Initial stops are also important in forex trading systems.
Take profit targets are another forex exit strategy
Breakeven stops are another commonly used forex exit strategy
Exit a trade within a certain amount of time before a major economic announcement.

[aparsai]

Thanks very much for your response. I have also written an article that shows how you may use Parabolic SAR as a trailing stop. Click here to read the article. Your comments are welcome.

[sam111]

exit strategy is also very important because you must know when to exit and what is your target. if you do not have knowledge about exit strategy then i doubt of your success..........

[finvik]

Very informative thread.