Michael's Blog

Stopped Out

BY Michael Radkay

If you are going to trade the financial markets it is not only imperative that you are properly capitalized, but also that you don’t just randomly enter the trade because you just heard a hot tip. Your initial entry spot become vital. If you go long near session highs or get short near session lows you may be forced to exit due to normal ebb and flow of price action which made you breach your own personal risk parameters. And, of course, just as you were forced to cover the idea, the market turns back in the direction you intended. Pretty frustrating!

We have posted a video that will teach you to identify where the idea is wrong and wait for a suitable price that balances your risk to help minimize your loss should the idea go bad and maximize your profit potential when the idea hits.

Click on the link to view our “Stopped Out” video
You cant win, if you don’t try!!