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Profit Taking Trading Strategy – Does It Work? (Backtest and Example)

ByOddmund Groette November 5, 2021January 2, 2024

For every trade you take, you have to exit at some point. The difficult part of trading is deciding when and how to exit or sell a position; it is easier to know when to enter a trade than when to exit it. This is why your trading plan must specify your profit taking strategy….

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Hakan Samuelsson and Oddmund Groette are independent full-time traders and investors who together with their team manage this website. They have 20+ years of trading experience and share their insights here.

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