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Keeping your losses small is a very important part of trading.  Small losses can easily be overcome by large winners.  However many traders gain let their losses run wild.

                Keeping your losses small is a very important part of trading.  Small losses can easily be overcome by large winners.  However many traders gain let their losses run wild.

                Too many traders will not exit there trades when they start to turn against them.  They will hold onto their stocks and hope it turns around.  They might even turn this short term trade into a long term trade.  Bad idea, if you enter a trade as a short term deal you cannot switch it to be a long term trade all of a sudden.  That mistake can be the death of most traders.

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Posted in Finance on August 22nd, 2008
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Keeping your losses small is a very important part of trading.  Small losses can easily be overcome by large winners.  However many traders gain let their losses run wild.

                Keeping your losses small is a very important part of trading.  Small losses can easily be overcome by large winners.  However many traders gain let their losses run wild.

                Too many traders will not exit there trades when they start to turn against them.  They will hold onto their stocks and hope it turns around.  They might even turn this short term trade into a long term trade.  Bad idea, if you enter a trade as a short term deal you cannot switch it to be a long term trade all of a sudden.  That mistake can be the death of most traders.

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Posted in Finance on August 20th, 2008
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                One thing I think is critical for any option trader weather they are an option seller or a buyer is a stop.  Just like stock traders everyone who trades options should have a stop that tells them when to get out of a trade.

                One thing I think is critical for any option trader weather they are an option seller or a buyer is a stop.  Just like stock traders everyone who trades options should have a stop that tells them when to get out of a trade.

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Posted in Finance on July 14th, 2008
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                One thing I think is critical for any option trader weather they are an option seller or a buyer is a stop.  Just like stock traders everyone who trades options should have a stop that tells them when to get out of a trade.

                One thing I think is critical for any option trader weather they are an option seller or a buyer is a stop.  Just like stock traders everyone who trades options should have a stop that tells them when to get out of a trade.

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Posted in Finance on July 14th, 2008
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Paper trading can be a great way for a new trader to build confidence in his trading system.  It is something all traders, new and experienced should be involved in.

Paper trading can be a great way for a new trader to build confidence in his trading system.  It is something all traders, new and experienced should be involved in.

                There are many reasons why a beginning trader should start with a paper trading account before moving onto an account with real money.

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Posted in Finance on May 22nd, 2008
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