All Entries in the "Trade Management" Category
Stack the Odds for Daytrading Success
Trading is all about stacking the odds for success. Risks must be taken in order to get paid, but the key is gauging under which circumstances the potential reward really outweighs that risk.
Taking Risks
It’s a known fact that in the market, you get paid to take risks. We all know that, right?
But are you getting the proper rewards for those risks? Are you taking the most appropriate kinds of risks?
Hard Stops vs. Mental Stops
When I’m swing trading, I prefer to place stop and target orders via bracket orders. That means I’ve got pending orders which will cancel out the other side based upon what gets executed first.
More on Recovering from Trading Losses
Ever been downright frustrated with your trading?
If you’ve been a trader for any length of time, I’m sure you have. There can be stretches of disappointments during which it feels like getting on the right side of a move might not ever again happen.
Stop Loss Placement, Part 4
As we complete this series on stop loss placement, we’re going to discuss trailing stops. But be sure to catch Part 1, Part 2 and Part 3 first!
Stop Loss Placement, Part 3
To continue the series on stop loss placement, it’s time that we build on both Part 1 and Part 2 by taking things a step further.
Scale Out of Winning Trades with Partial Exits
It’s common among traders to think that you either have to be all-in with a stock or all-out of a stock, but that sure isn’t the case.
Many of us do our buying in one piece, entering a full position at one time as an important level gets crossed.
