Exits are inherent to setups Part2

Everyday I get emails from members and non members saying they are struggling with exit. In reality most are struggling with a setup concept.

What most do is they take a buy entry idea from say Stockbee then try and marry ATR exit with it from Kirkreport or from someone else. In the process they no more have a setup.

You can not mix and match setup ideas like that.

Volatility Based Setups

Volatility Based Setups buy and exit based on ATR signals. Charles Kirk trades a volatility based breakout method.

Setup logic= Volatility Breakout

Setup Entry= Price crosses above ATR

Setup Exit= Price crosses below ATR

If your religion is Volatility breakout your entry and exit logic has to be based on volatility.

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

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You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

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If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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