Emotional capital is a required, yet rarely-perfected resource that every trader must manage in order to be successful. By training yourself to maximize emotional reserves during a trade, you gain the ability to see clearly and act objectively.
Whether you’re on a hot streak or everything is going wrong in your life, you need to know when to get out to be a successful trader. Today on Limit Up! Podcast, we’re talking about what it means to go on tilt.
If you're new to trading, the learning curve can feel overwhelming. Striking that fine balance on your positions can be demanding, sometimes an insurance policy can save you a costly loss— that’s where a stop-loss order can save your investment.
As usual, the financial media is lambasting millennials, but this time, they’re mad that millennials are finally dipping their toes into the stock market. Mobile broker Robinhood is usually their tool of choice.
We’ve heard from a lot of our traders that the 6-Candle rule has completely transformed their trading and given them more confidence in their decisions. This rule will take some discipline to implement, but it can be a total game changer in your trade management.