Am I allowed to close a trade early (for example, before it reaches the Target or Stoploss)?

Answer: Yes, you can close a trade early. However, we generally advise allowing the trade to reach either its Target or Stoploss for consistency. If you choose to close early, make sure you have a substantial reason for doing so. Importantly, closing a trade early does not indicate that you are breaking the risk agreement of using the ATW Education Account.

Documenting your trades is crucial. Journaling your decisions helps you track your thought process and outcomes. Over time, this practice can reveal whether your early exits are beneficial or detrimental to your trading strategy. By analyzing your journal, you can identify patterns, refine your approach, and ultimately enhance your trading performance.

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