How to Exit Trades Like a Pro: Master Risk Management

Knowing when and how to cut losses is just as important as spotting entry points. Whether you're dealing with volatile altcoins or blue-chip assets, a solid exit strategy separates winners from bag holders.

Here's what works:

**Set Your Rules Before You Trade** – Define your stop-loss levels upfront. Don't wing it when emotions are running high. Whether it's a 5% or 20% drawdown, stick to the number.

**Scale Out Smartly** – Cash out partial positions at key resistance levels. Lock in gains incrementally instead of going all-in on the perfect exit (which rarely happens).

**Use Trailing Stops** – Let profits run while protecting gains. As the price climbs, your stop adjusts upward, capturing momentum while limiting downside.

**Read Market Context** – Sometimes the best exit is riding a trend until volume dries up. Other times, taking a quick win beats waiting for the perfect bounce.

The secret? Consistency beats perfection. A disciplined exit plan turns occasional wins into repeatable edges. Your portfolio will thank you.