Top 5 Reasons To Close A Trade
Published May 10th, 2007 in Trading Tags: daytrading, day trading, fat finger, hoping, online trading, praying, stop loss, traders, trading, trading blog.
You’re sick or away and can’t monitoring your position
It hit your stop loss - you do have a stop loss, right?
You don’t have a stop loss and you find yourself hoping-n-praying
The rationale for trade is not there anymore
Oops! You mistyped and made a fat finger trade
Enjoyed this? Don't miss the next one, grab the feed or
34 Responses to “Top 5 Reasons To Close A Trade”
- 1 Pingback on May 11th, 2007 at 10:04 am
- 2 Pingback on May 11th, 2007 at 10:40 am
- 3 Pingback on May 11th, 2007 at 11:41 am
- 4 Pingback on May 11th, 2007 at 11:58 am
- 5 Pingback on May 11th, 2007 at 12:01 pm
- 6 Pingback on May 11th, 2007 at 12:20 pm
- 7 Pingback on May 11th, 2007 at 12:53 pm
- 8 Pingback on May 11th, 2007 at 1:05 pm
- 9 Pingback on May 11th, 2007 at 1:24 pm
- 10 Pingback on May 11th, 2007 at 2:19 pm
- 11 Pingback on May 11th, 2007 at 2:40 pm
- 12 Pingback on May 12th, 2007 at 3:10 am
- 13 Pingback on May 12th, 2007 at 7:12 am
- 14 Pingback on May 12th, 2007 at 8:37 am
- 15 Pingback on May 12th, 2007 at 11:38 am
- 16 Pingback on May 12th, 2007 at 2:28 pm
- 17 Pingback on May 12th, 2007 at 8:15 pm
- 18 Pingback on May 12th, 2007 at 10:00 pm
- 19 Pingback on May 13th, 2007 at 1:20 am
- 20 Pingback on May 13th, 2007 at 2:59 am
- 21 Pingback on May 13th, 2007 at 11:24 am
- 22 Pingback on May 13th, 2007 at 12:13 pm
- 23 Pingback on May 13th, 2007 at 9:01 pm
- 24 Pingback on May 14th, 2007 at 9:24 am
- 25 Pingback on May 14th, 2007 at 10:56 am
- 26 Pingback on May 14th, 2007 at 3:23 pm
- 27 Pingback on May 14th, 2007 at 11:32 pm
- 28 Pingback on May 16th, 2007 at 5:59 am
- 29 Trackback on May 20th, 2007 at 12:19 pm
- 30 Pingback on Aug 18th, 2007 at 6:35 am
- 31 Pingback on Oct 19th, 2007 at 11:36 am
- 32 Pingback on Oct 31st, 2008 at 1:51 am


what about it hitting your target?
Edwin,
I’d argue that falls under #4 (rational is not there anymore to stay in if you hit your target)