The Exit Point: My Personal Vision of a Crucial Financial Concept

I have always found it fascinating how a simple concept like the "exit point" can make all the difference between profit and loss. For me, having traded for a few years, it is that crucial decision - when to sell - that has often saved my skin or conversely, made me regret my choices.

The evolution I have observed

The exit points have changed so much! Before, it was basic - a simple stop-loss order and we prayed for it to work. Now? The algorithms do all the work! Sometimes I wonder if we've lost something along the way... that human intuition that even the best AI can't replace. I've seen traders blindly rely on automated systems and get slaughtered during flash crashes.

The current market and its traps

In today's markets, damn, it's a jungle! Exit points have become the obsession of traders. COVID changed everything - I've seen friends lose all their capital because they didn't have a clear exit strategy. Real-time data is great, but it also creates constant paranoia. Should I sell now? Wait longer? I experience this anxiety daily.

Technology: friend or foe?

AI to determine exit points? Meh, not always convincing. These technologies are impressive but often overrated. I've tested several of these tools that claim to analyze sentiment on Twitter to predict price movements - half the time, they completely miss the mark! And yet, platforms continue to promote them as the miracle solution.

My experience on trading platforms

Trading platforms offer all these sophisticated features, but how many are really useful? Stop-loss orders are basic yet effective. I lost quite a bit of money trusting overly complex tools that I did not master. And then these platforms that boast about their low fees but make up for it elsewhere... let's be realistic!

Where are we going?

DeFi is definitely a game changer. But I remain skeptical about the excessive automation of exit points. We lose control, the connection with our investments. I've seen too many people completely delegate their strategy to bots and regret it bitterly. The future of trading may be automated, but I keep my human touch in my decisions - that's what has saved me more than once.

Exit points will always remain as much an art as a science. Despite all the tools at our disposal, it is often instinct and experience that make the difference. And frankly, that is what makes this job so exciting, even when it hurts the wallet!