Monitoring Exit Time is crucial for accurate performance analysis and strategic planning. By knowing when a position was closed, traders can evaluate trade outcomes, refine their strategies, and ensure proper record-keeping. This metric supports better decision-making, improved financial outcomes, and long-term success in trading. Ultimately, understanding exit time helps traders maintain a disciplined and informed approach to their financial activities. Always record the exact exit time to ensure accurate performance tracking. Use exit time data to analyze trade duration and identify trends.