Title: How Do You Handle a Trade That Moves Slowly? Discussion: Sometimes price takes much longer than expected to reach a target. During
Title: How Do You Handle a Trade That Moves Slowly?
Discussion:
Sometimes price takes much longer than expected to reach a target. During these periods, traders may feel tempted to close early or change the original plan without a valid reason.
I believe patience should be supported by clear trade management rules, not by blindly hoping for a result.
Do you use a time-based exit rule, or do you manage trades mainly through price action?