Close with a rule

Your objective in this practice

Choose a closing criterion before opening the illustrative position. Review whether you followed it, regardless of outcome.

Recommended preparation: M06 · Risk, exposure and practice limits →

Before, during and after

1. Write the exit rule before entering: what you will observe and what you will do using the available controls.
2. Calculate a hypothetical adverse move using quantity and value per point; state costs.
3. Close or record why the rule did not trigger. Compare the observed fill with the assumption.

What to keep

A rule written before entry, a calculation with units and comparison with the observed exit.

Review questions

Did you close because of the rule or a desired outcome? Which execution assumptions limit your loss calculation?

Training retains the attempt, plan and notes for your guest or account. Afterwards, complete the review with process evidence. Answers are self-reported and do not certify mastery.

The short demo on this page lets you try the controls: three synthetic scenarios, one illustrative trade and outcomes in points. It does not keep history or automatically enforce this objective’s rules. Open Training to retain and review an attempt. Reloading or switching language clears this visit’s demo.