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Take Profit Exit Strategies and Ideas.
http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Where to Take Profit When Day Trading (Exit Strategy). As such this video is about exit strategy ideas. The good ideas for getting out of your trades or investments. Generally, you will exit losing trades once it hits your stop loss so that's taken care of but what about the trades that are profitable - how do we set targets and how do we decide where to exit winning trades? Broadly speaking: Redoing.
Ways to Exit a Profitable Trade:
- Exit on weakness - if you are long, you would wait until the price retraces from highs and exit. So you would be setting a key level or pullback zone of say X pips...
- Exit on strength - you are chugging along and then you get a strong move higher; you can exit in that without waiting for the retracement.
- Orders near to support/resistance - this is probably the most common strategy that people use.
- Moving average based trailing stop. You're in a market and your trade is chugging along and you use a moving average (say 20 period) which trails with the price as the market moves higher. This allows space for some noise.
- Volatility based strategy - this uses ATR (Average True Range)
- Time based exit - one common particularly with day traders.
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About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
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