How to Manage a Winning Trade. /redirect?event=video_description&v=eUHt3zfd778&redir_token=LsFnisNm-Kh84uC_8iYA850jatx8MTUwOTA5ODczM0AxNTA5MDEyMzMz&q=http%3A%2F%2Fwww.financial-spread-betting.com%2FWhen-to-sell.html Trail or Target? PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Imagine you've got a trade and its gone in your favour, how do you know when to exit and book the profits? Do you trail the price or use a target? Our objective when managing trades is obviously to maximise gains. With the trail method we can use a simple moving average - say 20 or 30 period depending on the timeframe we are trading. The other way is to use a price target. If the market hits your target you might have a limit order in. There are weak spots with both the trail and target methods but there also exits a hybrid approach.