What should my exit plan look like before I enter this trade?
Enter Your Trade
Your Exit Plan Card
Fill in your entry, stop, and target to generate a printable exit plan card.
How this works
Risk per share equals the distance between your entry and stop. Reward per share equals the distance between your entry and each target.
The breakeven-stop suggestion on the card is a common practice among traders who scale out, not a rule. Some strategies are better served by leaving the original stop in place until the position closes.
This card only reflects the numbers you enter. It doesn't check your position size, your account's risk limit, or your broker's actual order types.
Write or save this plan before you enter, not after. An exit plan decided mid-trade tends to bend toward whatever the trade is currently doing, which defeats the purpose of having one.
Risk & liability disclaimer: This tool generates a plan document based on the numbers you enter. It is not financial advice, does not place or manage any order, and does not guarantee the plan will be followed or that following it will produce a favorable outcome. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any broker, exchange, or data provider. Always verify results independently and consult a licensed professional before making any trading or financial decision.
Plan the Exit Before the Entry
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