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Once the move has spent its energy, it’s time to take full profits. Few traders know how to do this. They exit too soon or they hold onto the trade thinking there is more to come.
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Dr. Gary Dayton – Winning Trader Psychology
Learn to Read Point & Figure Charts and Dramatically Improve Your Trading
Over four hours of teaching over 2 sessions
Smart traders know when a market is ready to take off. Just as important, they know how far that move is likely to run. When you get into a trade, do you have a clear idea of where it is likely to go? Do you close trades prematurely or hold them too long because you really don’t know the target? Can you say ahead of time, what your profit objective is? In your studies, do you pay attention to entries and neglect exits? Here is the information to change all that. Imagine how you would feel if you could hold your trades for larger profits and exit them at the right location because you know the trade’s likely target in advance? Well, this is certainly possible.
Every trader would like to be able to exit their trades at the right location. Once the move has spent its energy, it’s time to take full profits. Few traders know how to do this. They exit too soon or they hold onto the trade thinking there is more to come. Frustrated, they give up large profits.
In their frustration, traders try all kinds of different things to correct their mistakes, but there is only one tool that clearly tells a trade’s target objective: The Point & Figure Chart.
In their frustration, traders try all kinds of different things to correct their mistakes, but there is only one tool that clearly tells a trade’s target objective: The Point & Figure Chart.
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Course Features
- Lectures 0
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 23
- Assessments Yes