Thursday, February 24, 2011

ARE U A TRADER ? TRY IT......

1.Do analysis take a position

2.Keep a smart stop loss. Stop loss triggered ? You’re out of the position. The position goes in the direction you predicted ? Move to step 3

3.The market is communicating that you are right, in that case, add to the position.

4.Trail the position with smart stop losses.

5.Out of the position only when your stop gets you out.