It is my belief that knowing when to exit a trade is a tougher decision than knowing when to enter a trade. Beginning traders, in particular, have a tendency to exit winning trades too early and hold on to their losing trades too long. Further, one of the toughest decisions in e-mini trading is deciding to hold a trade through a retracement (in a trending market) or to hang in the trade hoping that it is a minor profit taking move that will be reverse in the direction of your trade and continue with the trend.
