“When you have a bad entry, you can always work your way around it, but when you have a bad exit, this is final… This is when the P&L gets printed.” – Laurent Bernut
Exits have such a dramatic impact on overall strategy performance, so having a full and proper understanding of the best way to leverage exits is absolutely essential.
In this episode, Laurent Bernut from Alpha Secure Capital combines his witty sense of humor with his knowledge of exits, to entertain and to also share:
- How to classify exits and set them to achieve much clearer, neater, and better trading strategies,
- A simple technique to determine if you’ve overstayed your welcome in a trade, stay too long and you could suffer!
- How to use “the game of two-thirds” to determine the length of a time-exit,
- Plus much more, including the correct way to think about stop-losses, how to deal with free-loaders in a portfolio and the ultimate entry technique to test you have a robust exit strategy.
Resources mentioned in this episode
- Laurent can be followed on his website Alphasecurecapital.com or on Quora
- Books mentioned in the show:
 |  |  |
Share a quote with your friends
Improve the performance of your trading strategies with SMARTER EXITS
Are you looking for a proven solution to CUT DRAWDOWNS and significantly improve the performance of your trading strategies?
Get your FREE Market Internals Online Starter Kit NOW before it disappears again
Got A Question, Topic or Guest you want to see on the Podcast?
Do you have a specific question, topic or guest you’d like to see on a future podcast episode?
Click here and submit your suggestion for a chance to have it featured on an upcoming podcast episode.
Get the Transcript
Subscribe to Better System Trader and never miss another episode!
 |  |  |  |
Please support the podcast by giving an honest Rating/Review for the show on iTunes!
