What is your favorite strategy for looking for exits? Why trading is so much about being in rhythm?

On the previous episode, a trader asked me: WHAT IS YOUR FAVORITE STRATEGY FOR LOOKING FOR EXITS?

In this week’s episode, we look at the E-mini S&P 500 chart and apply my strategy on how to determine exits. We also talk about why trading is so much about being in rhythm?

I got on a rhythm one time this week, and it almost cost me my entire week. So much about this business is about the rhythm of your execution. Good decision-making is contagious. Bad decision-making is contagious.

We all make mistakes, but it’s just about staying in that good decision.

Keep doing what you plan to do. Cause if you get off a little bit, it could almost cost you your entire week or more like it almost did to me.

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Develop Your Edge is a weekly YouTube show hosted by 23-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony and his guests discuss what they are doing to Develop Their Edge in trading futures! Past performance is no guarantee of future results.  Derivatives trading is not suitable for all investors.