---
title: "10_method_when-the-wick-starts-to-form-get-out_FINAL"
url: https://stacklist.com/card/3d4154d8-0e48-48a5-a8f5-2ffaf6df065a
stack: https://stacklist.com/stack/98fbbf51-3b25-4e70-9bea-0c6a3358924e
summary: "Wick formation is a trading signal that indicates when to exit a position immediately by selling at a limit order rather than market price. The strategy involves taking profits and exiting when a wick starts to form, using a limit order set 10 cents below the current price to ensure timely execution."
tags: "wick-formation, trading-strategy, exit-strategy, limit-order, market-timing"
key_entities: "wick-formation (concept), limit-order (concept), market-order (concept), exit-strategy (concept)"
classification: "transcript"
content_hash: "sha256:3c14a6367258dc1d47649dec6fb6fd74262710badb6196701271f5e81fff9a5f"
acp_version: "0.2"
token_counts_approximate: 99
visibility: public
agent_accessible: true
status: "final"
---

# 10_method_when-the-wick-starts-to-form-get-out_FINAL

[00:00] Wick.
[00:01] You're getting out.
[00:03] Okay.
[00:04] Okay. Even if the wick is starting to form just a little bit, just take money and run away.
[00:10] Oh, okay.
[00:11] So typically, you would sell it at at market, right at that point.
[00:16] No.
[00:17] Oh. Sell it as a limit order. But, subtract 10 cents,
[00:25] So, we have time to sell it as a as a limit order?
[00:29] Yeah.