The Trading Coach Podcast 1179 - Have You Heard of the Graceful Exit Strategy?
Jun 25, 2025
Explore the ins and outs of the graceful exit strategy, designed to safeguard against both short-term and long-term trading losses. Discover how emotional control plays a crucial role in navigating trading challenges, particularly after experiencing tough losses. Delve into advanced trading patterns like the bat and Gartley, and learn the importance of self-management in maintaining trading discipline. This insightful discussion is packed with practical risk management strategies to elevate your trading game.
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Episode notes
Manage Trading Emotions Early
- When a trade loses, avoid blaming yourself to prevent emotional carryover to future trades.
- Manage emotions immediately, as frustration can lead to mistakes in subsequent trades.
Use Graceful Exit Technique
- Use the graceful exit technique to reduce losses by exiting trades early when price invalidates your pattern.
- Establish strict rules for graceful exits and avoid emotional decisions for consistent risk management.
Frustration With Graceful Exit
- Akil finds the graceful exit technique frustrating because exiting early means missing out on big wins.
- He prefers to see trades through, even if that means enduring bigger losses sometimes.