All Entries in the "Trade Management" Category
Three Pillars of Risk Management
Far too many traders struggle with this very topic, and it keeps them from surviving and from succeeding.
Be Patient Buying Dips
Novice traders are equipped with very little useful information, as even your grandmother knows to “buy low and sell high.”
With the recent correction, many stocks now are starting to appear ‘low’ on the scale, and that’s enticing - but dangerous - to those who have been waiting for a shot at getting in.
Prepare for Anything
Learning to purposely manage a malfunction in a controlled environment helps avoid panic should it ever happen unannounced.
Keys From a 6-Month Streak
Anytime you find yourself in the midst of a streak in your trading, it’s worth paying attention to. When you’re winning, you need to find out why.
Always Something to Worry About
Ever get spooked out of good trades? It’s one of the worst feelings in trading, knowing you were right and just couldn’t stick with the play long enough to get paid a fair amount.
Managing Day Trades Effectively
Trading multiple timeframes is one of the best ways to diversify as a trader, there’s no getting around it. But let’s explore this idea a little further of managing day trades, because that’s one subject so many seem to struggle with.
Implementing the Time Stop
Staying patient with a position can sometimes pay off nicely. After all, not every trade works out exactly when we want it to.
