I need help getting out of operations.

[qiesko21]

Hello everyone, I started on this trading in forex about 18 months ago. In the first two months I reinvented my account. I lost $7,001. I did everything without any idea, I started to operate leading by what I read there. After that loss I got away for a while, I was quite touched and I thought I would never try it again. After about a year, I went back to pick up the worm and opened a graph again. The truth is that this time I saw it all much clearer. I started to read, not forums, but technical analysis books. At first I believed that everything was solved with a good system, but then I understood that what I had to do was to focus on operating well, using only technical analysis, without messing with complicated systems. I tried to study all possible indicators, but honestly, I started to make decisions seeing signs that were based on the same price. I did not see it all the way. So I decided to leave the indicators aside. I just kept using the volume, although it wasn�t very reliable. I did it. I opened a demo account and I started to test it. I DID it. I DID it most effective and I did it. I did it. I did not work much. I did it. I did it.

[ako]

Congratulations for your progress! Doing between 351 and 401 pips a month is brutal. If I had achieved that in the last five months, I would be operating full-time and leaving my job. I know that the topic of the exits is complicated. You can mark a clear output target according to your style. Keep track of how much progress each operation continues in your favor after closing it. So you can calculate how far you could have come on average. You can also use a dynamic stop right below or above the last swing. Try some indicator like a mobile media, an oscillator or a simple trend line. You can also use trailing stops, although for me they have been the least effective. But if you are already getting those pipes a month, it is clear that something is doing right. Forex: the most difficult way to make easy money.

[qiesko21]

Your story reminds me of mine. We have all gone through that phase of wanting to find "the perfect system" and in the end you realize that the most important thing is how you manage your decisions. I applaud you for not depending on indicators, that shows that you are already seeing the market more clearly. As for the exits, something that helped me a lot was to leave everything programmed with partial orders. You take profit in stages and so you don�t suffer so much mentally. You can also leave a small percentage running with a large trailing stop. So you keep the open potential without consuming the stress of seeing setbacks.

[qiesko21]

Hey, if you're taking out almost 400 pipers a month and complaining, then I don't know what you're waiting for. Do you want the market to give you 1,000 pipers too or what? Yours sounds more like perfectionism than real need to improve. Now, if you really want to optimize, stop thinking about loose pipes and start analyzing larger market structures. Watch how the price behaves in larger temporalities and use that to plan your exits. Letting run an operation doesn't mean looking the other way, it means managing it with your head.

[qiesko21]

What you're counting on is super valuable. Many don't dare publicly acknowledge that they lost money or that it cost them to start. You already made the most difficult path: you fell, learned and came back. That already says a lot about you. On exits, you might think about setting fixed targets according to the behavior of the pair you operate. If you use ATR for example, you can calculate an average reasonable distance. You can also try closing half with fixed gain and letting the rest run. That has given me quite good results.

[qiesko21]

Look, what happens to you is the most common thing in the world. The problem is not the technique, it's the fear. That need to secure profits is stronger than any analysis. I tell you because I also closed as soon as I saw green numbers, for fear that they would vanish. What helped me was to change the chip: instead of thinking about protecting profits, I started thinking about protecting my process. If the entry was good and everything is still aligned, why close? Let the market throw you out. But that does, do it logically, not with hope.

[qiesko21]

Your strategy of operating without indicators seems brutal to me. You have to have eggs to look at the peeled chart and decide on the basis of pure price action. Many do not dare to try. Now, if you already have solid inputs, the exits have to obey an equally logical structure. Why don�t you try marking profit making zones based on previous resistances or key levels? And if the price shows signs of exhaustion, there you close. Don�t base yourself on the pips, base your decision on price behavior.

[qiesko21]

Your problem is not technical, it is emotional. You want the best of the two worlds: to ensure profits and at the same time not to lose opportunities. And I understand you, because that is exactly what makes us human. But in trading, that kind of thinking blocks you. Start by establishing an exit plan before opening the operation. No improvising. If your analysis tells you that the TP is 100 pips, do not close in 60 just because you were afraid.

[qiesko21]

I don�t know why you apologize for your English when you�re saying things that are more sensible than 90% of the forum. You�ve come a very valuable way, and I assure you that you�re in a more advanced stage than you think. My advice: Work on mentally dividing each operation into stages. If you�re winning 60 pips and your target is 100, consider closing half and moving the other stop to the point of entry. That�s how you reduce the emotional load and you�re still inside the game.

[qiesko21]

I operate in a very similar way to you: without indicators, without news, only with price structure. And the truth, since I do so it goes much better. Yes, it is not easy to keep your head cold when you see profits and feel that you can escape. One thing that helped me was to use alerts instead of looking at the screen all the time. Mark your ideal output level, put an alert and forget. So you do not fall into the temptation to close before time just because of anxiety.

[qiesko21]

I'm going to tell you something you're not going to like: if you keep closing in 50 pips out of fear, you're throwing away your work. It's that clear. The market won't give you anything if you don't give it room to express itself. Do you want to improve the exits? Start by accepting that you're going to see setbacks. You can't help it. But if your analysis was solid, the price will come back to you. What you need is to endure and trust your process.

[qiesko21]

It's ironic, isn't it? At first you kill yourself by learning to get in, and when you finally do, you realize that the real hell is in knowing how to get out. Welcome to the club. I've greatly improved the exits using targets by structure. No magic numbers, no round pips. Only levels that make sense in the graph. So you remove the "and if..." from the equation and run like a robot.

[qiesko21]

It seems brutal to me that you have gone through all that process without giving up. Losing $7,001 and going back to the arena already speaks of your character. That is not taught in any course. Now it is your turn to polish the last detail: the exits. My advice is that you do not think of the benefit in pips, but of the quality of your operation. Did you fulfill your hypothesis? Then close it. Has it not fulfilled at all? Give it space. So you make objective decisions and not out of fear.

[qiesko21]

I understand you too well. It was the same to me: I had good tickets but I didn�t know when to leave. I often went out too soon and then wanted to head against the wall. What helped me was the backtesting. I started to check my old operations and measured how much they moved after I closed them. With that I built a realistic average of what I could expect and adjusted my TPs based on that. I now go out calmer and without regrets.

[qiesko21]

I don�t want to sound hard, but if you�re already making 400 pips a month and you�re still complaining, maybe you�re looking for perfection in a chaotic environment. Trading isn�t a video game where you always earn more if you play better. That said, if you really want to scale your results, you should explore stage management. Divide the operation into several stages, close one with fixed gain and leave the rest with dynamic stop. So you maximize without having to stick to the screen.

[qiesko21]

I've been obsessed with finding the perfect way out for years. Spoiler: it doesn't exist. There are days you'll be fine, others you'll close before and the price will fly... and also days when you'll make everything perfect and you'll lose the same. The best thing you can do is build a criterion based on your real operation. Not what a book says, not what another trader does. Your experience, your data, your patterns. There's the key.

[qiesko21]

Your evolution is admirable, but you can't continue to act as a beginner if you already have advanced trader results. You have to rely more on your judgment. If you did everything right, why do you hesitate to leave? Set exit zones before entering. If the price comes, you make a profit. If it doesn't arrive, the stop protects you. But don't touch anything once the operation is alive. That discipline makes the difference between amateur and professional.

[qiesko21]

I think it's great that you want to keep your operation simple. The simpler, the less excuses. But that also means that you have to define your rules of departure with the same clarity. For example, you could work with structures of 1R, 2R and 3R. Close one part in 1R, another in 2R, and let the rest run. So you capture different types of movements without leaving everything in the hands of a single decision.

[qiesko21]

Sometimes the best method of exit is simply the most boring. I use fixed take profit based on key areas and that�s it. I don�t get complicated. If it arrives, perfect. If not, at least I know I acted consistently. The problem of overmanaging is that you�re never satisfied. You always think you could have won more. And that�s a very dangerous mental trap. Better to have a basic but firm plan.

[qiesko21]

You lack the most important thing: a clear reason to leave. If you don�t know why you close an operation, you have no control. And if you don�t have control, you�re letting the market decide for you. Think of the exit as a mirror of the entrance. If you need a pattern or a signal to get in, you should have it too. Close because the price tells you, not because your anxiety yells at you.