Making good trading decisions is, more often than not, knowing when not to trade, rather than figuring out when to pull the trigger. At the same time, becoming a successful trader is more often than not down to knowing when to let your winners run.
However, how can you tell when you should take your profit at a specified profit target, or when you should let your winning trade run?
These very simple videos, based on the advanced Beginner Strategy module, show you how a real trader approaches the markets and applies this knowledge in real terms. This course will show you that you do not have to rely on intuition or guessing, but that you can read market signals and determine when you can let your winners run, or stay out altogether.
Using the Beginner Strategy as a basis of explanation, the principles in this very simple course can be used in any strategy.
What you will learn in this course:
- Learn new trading techniques
- Learn when to let your winning trade to run
- Learn when to stay out of a trade
- Learn to recognize ideal trading conditions
- Learn how to read market signals
- Learn how to improve your trading results
The examples are described with the Beginner Strategy, which you can learn at the following URL: