Trade Management Decisions
About this course
Manage your trades effectively and maximize profits
Trade management is an essential part of trading and usually one of the most difficult, because it involves discretion and decision making in real time while you are still in the trade.
When you have entered a trade, you have based your decision on some prior market analysis. But, there are countless influences that can change those conditions that you originally based your trade on.
This course is designed to help you make the right decisions when faced with the following questions:
- Should you close a losing trade or leave it open?
- Should you close a winning trade that has just missed your profit target or leave it?
- Should you move your stop loss and if so, what method do you use?
Entering and Exiting the trade
Managing the trade
We believe in a world where people manage their own money. That’s why we have been building one of the largest online learning platforms for you to learn from the best traders, investors and personal finance gurus out there. Learning to trade, invest and manage your money is a serious task, at the same time it’s fun and much easier when someone shares their knowledge with you and brings you to a level where you can make your own experiences and learn by being active in the markets yourself while speaking with others in a community.