Tag Archives: Trading Losses

3 Ways to Keep More of Your Trading Profits

The number one way new traders fail is by counting the money that could be made on the trade when they should be focusing on how much they could lose on the trade.

To succeed you must be able to accept the risks and apply money management techniques such as stop loss orders, max daily loss limits, and account draw down rules.

5 Steps to Recovering from a Big Trading Loss

Trading losses can end a career in a matter of a day, and hour, or in extreme circumstances even a few minutes. Here I outline some of the ways I have dealt with losses in the past and how I got over the hump.