9.Everyone is familiar with the old maxim "cut your losses, and let your profits run".

Many traders have difficulty deciding when to capture their profits, sometimes letting a profit turn into a loss. What do you use to make a sell decisions to close a trade? 1. "When in doubt, get out" especially when astrological and/or technical indicators no longer confirm the trade/investment. That is to say, i exit if i would no longer "add to a winner", but instead start "hoping for the best". 2. I use a stop that is not primarily money management based, but determined position ally (or time wise) to indicate I may be wrong about my forecast. If financially acceptable, i enter the trade with this stop (time and price) and exit if hit, unless special situations indicate otherwise.