In todays video we discuss the specifics of our Method of Trade Management
Lets recall what weve covered so far
In the first video, we discussed the 3 phases of the move:
•Initial Interest / Noise
•Follow-Thru
•Exhaustion
With a better understanding of HOW the market moves, our second video discussed the emotional response to our trading, which allowed us to turn our emotions into an ASSET, rather than a liability.
We defined our goals for our trade management as
•Hit more profit targets b/c that builds confidence and contributes to move winning decisions
•Hit less stops b/c this steals that confidence away from you
•Never let a winner trade turn into a losing trade
•Be in a position to capitalize on the BIG moves of the day!
With this new knowledge, our 3rd video in this 5-part series covers our method trade management from development to execution.
Dont miss our next video in this 5-part series, we will go into more detail on the different ways to manage a trade; Mechanically & Discretionary
Sometimes the market doesnt do what we want it toand for those times we must know what to do if something goes wrongso dont miss the NEXT VIDEO coming later this week!
View Our Track Record: http://www.scribd.com/schooloftrade01
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JOIN US TOMORROW IN OUR LIVE TRADE ROOM, OPENS @ 745AM (EST), HERES HOW: http://www.youtube.com/watch?v=c1oFPBeIFfA
Hello, great videos thank you, can you show me where i can get video 4/5 ? looked on site and cant seem to see them, many thanks.
pipsondemand 2 years ago