Dynamic Exit

A dynamic exit refers to an exit strategy that adjusts based on real-time market data, rather than being fixed at a specific price level. This could involve using indicators like RSI, volume spikes, or moving average crossovers to decide when to sell.

A dynamic exit is more flexible than a static one, allowing a trader to adapt to changing market conditions and extract more value from a trade. However, it also requires more active monitoring and a higher level of discipline.

It is a key tool for professional traders who want to optimize their returns and avoid leaving money on the table due to rigid, outdated entry or exit rules.