Protecting your capital with Stop-Losses

Enter into trades only when you have established a sensible game plan, with a stop-loss exit strategy mapped out in case the trade is a loser. A stop-loss is your only insurance if the stock does not perform the way you hoped. If and when that initial stop-loss point is reached, it is crucial to [...]

Active Traders’ Mind Management

Traders need to maintain a clear focus, and that comes only with a clear head.
Learn to pace yourself. A word of caution: good times can still be dangerous. When almost every trade you put in works and your account is growing rapidly, slow down. You don’t have the Midas touch. The risk now is overtrading. [...]