When is the best time to take your profits and close a trade? Knowing when to close a trade is important to your trading plan, risk management, and maintaining gains. In this video, we will discuss 2 methods of how to know when to close a trade, whether itβs Stocks, Options Forex, etc.
πΆ Join Our BGS Options Trading Group here: https://dsc.gg/blackgirlstocks
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(0:00): Intro
(1:58): Creating A Trading Plan
(2:37): Reasons To Exit A Trade
(3:16): When To Take Profits
(5:17): Using Technical Analysis For Exit Points
(7:00): Tips
πΆ Get 6 FREE Webull Stocks (WAYYY better charts than Robinhood ππππΎ):
https://a.webull.com/i/BlackGirlStocks
πΆ Download Tiblio Now & Try Out Winning Options Trading Strategies Updated Every Hour. When you sign up using the link below, you will see the βFoxTail Discountβ at checkout.
The first month will be 20% Off π₯π₯ (Only available to our squad) then it will be the regular $34.95 the following month. β- https://tiblio.com/?aff=BSNuWarucuVn5VqoT47Kk7
πΆ Book a 1-On-1 Zoom Chat (Questions about your personal trading)
Coaching Session: https://square.site/book/LGRFR0XDAE179/black-girl-stocks-tx
Please let me know if you have any suggestions for future videos such as Penny stocks, Swing trading, Options trades, or fun vlogs.
Thank you for your support, the best way to contact me is via social media.
βββββββ CONTACT βββββββ-
Email (Business): foxtailent20@gmail.com
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Black Girl Stocks was created by FoxTail Digital to create simplistic videos on How to Start Trading Stocks and Options, Swing Trading, Day Trading, and Stock Cart basics. This channel Is made for beginners ready to start investing for the first time.
FoxTail is a passionate music producer and videographer in Dallas, TX expanding knowledge in the stock market. I strive to provide the easiest methods of trading and change your life.