Exit Planner. Sets your stop and your target before you enter, so you know when to get out. Reads the entry from trader-entry (or a price you give), puts the stop at the opening-range midpoint by default (or the range low, your price, a percent, or a multiple of the ATR), rounds it down to the cent, and sets the target at 2R (or 1R, or your price). Refuses a stop at or above the entry, a target at or below it, or a stop too tight to survive the spread, and says why. Writes trader/plan.json fo...
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---
name: trader-exit
description: >-
Exit Planner. Sets your stop and your target before you enter, so you know
when to get out. Reads the entry from trader-entry (or a price you give),
puts the stop at the opening-range midpoint by default (or the range low,
your price, a percent, or a multiple of the ATR), rounds it down to the
cent, and sets the target at 2R (or 1R, or your price). Refuses a stop at or
above the entry, a target at or below it, or a stop too tight to survive the
spread, and says why. Writes trader/plan.json for the Time Machine, the
Budget Manager and Price Alerts. Long side only. Use when the user says
"where's my stop", "set my stop and target", "plan the exit", "when do I get
out", "stop loss", "what's my R", "risk reward", or right after
/trader-entry triggers, before /trader-timemachine.
argument-hint: "[--stop or-mid|or-low|price:X|pct:X|atr:K] [--target 2R|1R|price:X]"
---
# trader-exit
The Exit Planner decides how a trade ends before it starts. The stop is where
the setup has failed. The target is where you take what you came for. Both
are set BEFORE the entry, written down and handed on, so nobody has to decide
anything in the middle of a fast move. A stop is a plan, not a guarantee: a
gap or a fast market can fill past it. Day trading loses most people money,
and a neat plan does not change that.
`${CLAUDE_SKILL_DIR}` below is this skill's folder (where this SKILL.md lives).
```bash
python3 "${CLAUDE_SKILL_DIR}/exit.py" plan # trader/entry.json: midpoint stop, 2R target
python3 "${CLAUDE_SKILL_DIR}/exit.py" plan --stop or-mid --target 1R --write
python3 "${CLAUDE_SKILL_DIR}/exit.py" plan --stop atr:1.5 # needs the session's bars (Yahoo or --offline)
python3 "${CLAUDE_SKILL_DIR}/exit.py" plan --symbol TSLA --entry 364.18 --or-high 362.18 --or-low 354.47
python3 "${CLAUDE_SKILL_DIR}/exit.py" show # the current trader/plan.json
```
Other flags: `--flat-by 15:55`, `--json`, `--now "2026-10-19 10:15"` (New
York time), `--entry PRICE` with a waiting entry.json to plan ahead, `--setup
level`, `--offline FILE` (a saved Yahoo chart JSON for an ATR stop).
## What it reads and writes
| file | what |
| --- | --- |
| `trader/entry.json` | the trigger from trader-entry: symbol, entry price, time, bar, opening range |
| `trader/config.json` | `flat_by` (15:55) and `min_reward_risk` (1.0: a note here, trader-risk enforces it) |
| Yahoo chart API | only for an `atr:K` stop: the session's bars up to the entry bar, free and unofficial |
| `trader/plan.json` | with `--write`: entry, stop and its rule, target and its R, risk a share, reward:risk, flat by. trader-timemachine, trader-budget and trader-alerts read it |
## Stops and targets
| stop | where it goes |
| --- | --- |
| `or-mid` | the opening-range midpoint (the default for an opening-range breakout) |
| `or-low` | the opening-range low: wider, so fewer shares for the same max loss |
| `price:X` | your price |
| `pct:X` | X percent under the entry |
| `atr:K` | K times the 14-bar ATR under the entry, on the session's bars up to the entry bar. With fewer than 14 bars by then it averages all of them and says so |
A level setup has no opening range to lean on, so it needs a stop you name.
- **Rounding.** The stop rounds AWAY from the entry to the cent (down, for a
long). Risk = entry minus stop. Target = entry + R x risk, rounded half up
to the cent. `2R` by default; `1R`, `1.5R` or `price:X` also work.
- **Refused, with the reason.** A stop at or above the entry. A target at or
below it. A risk under 0.05% of the price: too tight to survive the
spread, normal wiggle would stop you out. An entry.json that has not
triggered (unless you give `--entry`). A short: v2 plans longs only.
- **Flat by.** 15:55 by default (or `flat_by` in the config). Out by then,
win or lose, no overnight hold. On a 1:00 p.m. early close it moves up to
12:55. An entry at or after the flat-by time is refused.
## Steps
1. Run it right after `/trader-entry` triggers. Before that, `--entry PRICE`
plans ahead at the level you expect.
2. Use the default stop for an opening-range breakout unless the user names
another. A level setup needs one: ask.
3. Run `exit.py plan --write`. Read back the entry, the stop and its rule,
the target and its rule, the risk a share, reward:risk and flat by.
4. If it refuses, say the reason and the fix (a wider stop, a farther
target). Never loosen anything on your own.
5. Say once that the stop is a plan, not a guarantee.
6. Hand off to `/trader-timemachine` to replay the plan, then `/trader-budget`
to size it to the max loss per trade. Offer `/trader-alerts` for the stop,
the target and the flat-by time. Claude can keep `entry.py watch` running
in the background or on a `/loop` until a setup triggers, then come here.
## Example: the reel
TSLA, Monday 2026-10-19. The entry is 364.18 at 10:15 AM (the 10:10 bar,
bar 8) and the opening range is 354.47 to 362.18. `exit.py plan --stop
or-mid --target 1R --write`:
```
Exit plan: TSLA long, Mon 2026-10-19, opening-range breakout on 5-minute bars
Entry $364.18 at 10:15 AM (bar 8)
Stop $358.32 opening-range midpoint: ($362.18 + $354.47) / 2 = $358.325, rounded down
Target $370.04 1R (one times the risk)
Risk a share $5.86 (1.61% of the entry)
Reward:risk 1.0
Flat by 15:55 ET, win or lose: no overnight hold
```
The default 2R target would be 364.18 + 2 x 5.86 = 375.90. trader-budget then
sizes it: a $50 max loss per trade buys floor(50 / 5.86) = 8 shares.
## Rules
- The stop and the target are set before the entry, never after.
- Never move a stop further from the entry once the trade is on.
- Plain numbers only: entry, stop, target, risk a share, reward:risk. It
never prints a P&L or a return.
- Nothing here promises winning trades or money. A 1R target is not a
prediction that the price gets there.
- Long side only. v2 plans longs only.
## What it never does
It never places an order, never sizes a position, never widens a stop to
make a plan pass, and never calls a stop a guarantee.
## Safety
- Education and tooling, not financial advice. A PASS is a rules check, not a recommendation.
- Paper trading by default (`"paper": true`). Going live is the user's own decision, in their own config.
- Nothing in this pack places an order except trader-broker, and only when all three hold: trader-risk
passed that exact order today, the user typed an explicit yes for that one order in the chat, and the
user clicked Allow once on Claude's own card because the order tool is set to "Needs approval"
(Customize > Connectors > tool permissions). Never set an order tool to "Always allow".
- No options, margin, short selling or leverage unless the config allows it and the user confirms.
- Broker keys live in environment variables or the Claude Desktop config, never in the chat.
