Determining when to enter and exit a trade is a critical aspect of trading, but there is no universal rule that applies to every trader. Several factors come into play, such as the trader's style, individual risk tolerance, and whether they prefer aggressive or conservative entry points. The specific trading strategy and any known entry and exit guidelines for the particular trade are also essential. Additionally, a trader's focus could be on compounding returns or long-term investments. Developing the expertise to navigate these factors comes with experience and takes time.
