Trade Management 5of5 Customized to Fit YOUR Needs as Scalper Day Swing Trader

Before we move forward, lets recall where we left off in the first 4 videos of this 5-part series

1.3 Phases of the MOVE (link to the video)
Noise, Follow-Thru, Exhaustion
2.The Emotions Behind Trade Management (link to the video)
More Targets, Fewer Stops = long term profits




3.Basics of our Management Method (link to the video)
Quick targets, eliminate risk, position to capitalize on the big moves of the day
4.2 Different Approaches: (link to the video)
Mechanical & Discretionary Trade Management

And the 5th & Final Video of this Series on Trade Management is.
Trade Management for Different Traders

Every trader is different
Scalpers, Intra-Day Traders, Swing & Position Traders

Those different types of traders have different goals for their trading and they have different account sizes as well.

You cannot expect consistently positive results if you apply the WRONG style to the WRONG trader.

The easiest way to identify the trade management style that is right for YOU and youre trading goals and resources, you need to identify WHO you are and the resources you have available.

In todays video we discuss the importance of a CUSTOM TRADE PLAN that will take everything into consideration such as who you are as a trader, the type of trading you do, and the resources you have available.

Dont forget!

We will be closed this Friday b/c we will be in Las Vegas for the Traders Expo, so come see us in Sin City!

If you missed the first four (4) videos in this series on trade management, here they are

Trade Management Videos:

http://www.youtube.com/watch?v=a_r5VX39pz8
http://www.youtube.com/watch?v=UxXC4Ihybm0
http://www.youtube.com/watch?v=SJO2ntzoy88
http://www.youtube.com/watch?v=vAqk9Afdy4k

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