5 Trading Tips You Can Implement on Monday
Sorry, these are not trading tips for stocks to buy.
These are trading tips for the process you use to buy stocks, options, ETFs, whatever.
- Have a methodology (trade setup) that you use for finding opportunities.
- Know exactly how much money you plan to risk on the trade.
- Set a stop for how you will exit the trade if it doesn’t work out.
- Set a point at which you will lock in some profits.
- All of this feeds a plan that you follow for the trade BUT most importantly…