LIVE AT 2 PM ET ON DEC. 26 — ALEX REID’S PLAN TO DOUBLE HIS ACCOUNT THE FIRST 100 DAYS OF 2025!
In trading, knowing when to get in and when to get out is everything. It’s not enough to have a strong idea — you need a clear plan for execution.
Yet, many traders struggle with entry and exit points, often reacting emotionally rather than sticking to a strategy. Let me walk you through how professionals approach this critical part of trading.
Every trade starts with a reason — your trade idea.
Let’s use MicroStrategy (MSTR) as an example. Say you believe the stock is set to rise after observing a strong trend. Great — that’s your trade idea. Now, you need to decide on your entry point.
For this, the chart provides guidance. A pullback to a key support level or a retest of a previous breakout zone often offers the most logical and lower-risk entries. Jumping in without this structure leaves you exposed to unnecessary risk.
Once you’ve determined your entry, you need to establish two things: where you’ll take profits and where you’ll cut your losses.
These points should be tied directly to the reasons you entered the trade in the first place. If those reasons are no longer valid, it’s time to exit — whether that means taking a loss or locking in profits.
For example, if you enter MicroStrategy at $270 after identifying an aggressive entry point, you should already know where you’d be happy to take profits. Let’s say your target is $327, based on a 2:1 risk-reward ratio.
This gives you a clear objective and eliminates the guesswork as the trade progresses. At the same time, you need to define where you’re wrong. If the stock falls below $240 — invalidating your entry thesis — you cut your losses and move on.
Many traders make the mistake of emotionally reacting when a stock dips after entry. But professionals stick to their plan. If you entered a trade because buyers were in control, and the chart still supports that narrative, a temporary dip shouldn’t cause panic.
The trade is only wrong if it violates your pre-determined exit level.
Finally, consider this: Taking profits isn’t just about hitting a specific price target. It’s also about assessing the broader setup.
If a stock like MicroStrategy hits your target and continues higher, you’re not “missing out” — you’re following your plan. After closing the trade, you can always reevaluate the new setup and decide if another trade idea makes sense.
The key to mastering entries and exits is discipline.
Your entry should align with logical levels of support or resistance, and your exits should reflect both profit targets and stop levels tied to your original idea.
With this structure, you’ll eliminate emotional decision-making and approach each trade with confidence and clarity. That’s how you trade like a professional.
Kane Shieh
Kane Shieh Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
Double His Account the First 100 Days of 2025?
Merry Christmas and a Happy New Year…
At 2 p.m. ET on Dec. 26…
I’ll be LIVE alongside my good friend Alex Reid as he lays out his ambitious plan to double an account in the first 100 days of 2025.
If you’ve been following along, you may know about the “pricing glitch” he’s been exploiting…
The one that spots severely undervalued options…
Trading for as little as $64…
Yet consistently popping 100% or more within hours.
But this session will be different…
You’ll see exactly how Alex plans to leverage this anomaly for potentially even bigger returns…
Including:
- The mathematical formula he uses to spot these trades.
- Why they’re so consistently mispriced.
- His complete roadmap for targeting 100% growth by April.
The room opens in just a few hours.
Tap this link so you don’t miss the LIVE link drop.
