Experienced traders do not have the same share size for every stock trade. Here are some of the things
they think about when it comes to position size.
o The type of trade: is it a short or long?
o How the trader’s day is going. Green […]
downside risk, experiences traders, Position Size, stock breakout
If you find yourself entering positions without a level of risk, this will lead to big losses, even on small
positions. Losing 50% on a trade can turn into a huge downward spiral.
Know the area of […]
Common Trading Pitfalls, paper trade, stop losses
Some Golden Rules for Trading:
Rule Number 1:
Always wait for the setup: No Setup, No Trade.
Rule Number 2:
The best trades work almost right away.
Rule Number 3:
Never take a big loss. If it doesn’t ‘feel’ right. Remove it!
Rule Number 4 […]
Golden Rules For Trading
It’s April – Spring is Supposed to be Here
Man, it is freaking cold outside still and snow is on the way but wait…. It’s April almost the middle of the month. I’m supposed to see flowers and birds and freaking grass. What the […]