○ Let’s say your planned exit point is $100.15.
○ At midday, the stock is trading at $100.20—everything looks fine.

2. Review the Closing Price

○ By the end of the day, the stock closes at $100.10—5 cents below your planned exit point.

3. Set an Alert the Next Day

○ The following day, set an intraday alert at the prior day’s low.
○ This is to notify you during the trading day if the stock moves below the previous day’s low.

4. Be Ready to Exit Intraday

○ If that alert is triggered, this becomes your emergency exit.
​○ You close the trade intraday based on this trigger.