Learn How To Better Manage Your Trades

Trade Management is one of the most under-valued aspects of your trading, it deals with more than simply stops and targets, and we use very simple & proven techniques to manage not only our trades, but our emotions as well.

In this video series you will learn:

• The 3 main phases of the ‘move’ in the market, and how understanding these will show immediate benefit to the trader’s Profit & Loss Statement.

• The Emotions behind Trade Management & how to Conquer Fear & Greed

• The simple & effective method we use to manage our trades across different markets such as Commodities, E-Mini’s and Currencies

• 2 Different Types of Management: Discretionary & Mechanical

• Adjusting Trade Management for Different Types of Traders, Timeframes, and objectives

Let’s get started with our first topic….

3 Main Phases of the ‘Move’

Before you learn how to manage the trade, you need to know how and why the markets are ‘moving’ in the first place, as well as the different phases each move goes through as it develops.

Each market has its own unique personality, but within that personality are the basic ‘building blocks’ of each move, which are…

• Initial Interest (or) ‘Noise’

• Follow-Thru

• Exhaustion

With the knowledge of these ‘3 Phases of the Move’ you can now begin to plan your trade management to capitalize on these phases with the proper placement of stops & profit targets.

Keep an eye out for the next video in this series…

…The Emotions behind Trade Management & how to Conquer Fear & Greed

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