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Trading Experts Taking Profits Step 8
- A Guide to Knowing When to Lock in Profits Swing Trading in the Stock Market: Learn How to Improve Your IPO Trading, ... From Beginner to Professional Swing Trader
- Narrated by: Christopher C. Odom
- Length: 3 hrs and 40 mins
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Trading Experts Taking Profits Step 8
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Summary
Buying a stock is the easy part, the hard part is knowing when to sell which is the main goal of this program.
To help make the way you sell your winning and losing trades systemically.
One of the main rules we follow in regards to selling winning trades is treating our trade in thirds.
We aim to sell a third into strength to book some profits and lower our risk if the trade fails.
We trail the next third versus the low of day or prior low of day and lately, we are willing to give the last third back to our price to be in for the bigger move.
Best of luck as you continue your education journey and you are within reach of the Alpha chat! From Shake and Bennett Zamani.