The New Sell and Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines, Expanded Second Edition

Question 39—Moving Averages as Selling Targets

Answer 4 Selection “When you sell at a target, the sell grade is unimportant” is incorrect.

Time and again, the weekly charts trump the dailies. As a rule, you want to put on trades with attractive reward-to-risk ratios. The quality of entry and exit must be graded for every trade, whatever the reason for the exit.