Look at the Level 2. Trade Smart and Trade Simple. There will be only one opportunity to correct a wrong trade. Make small gain and move on. Be prepared to exit a bad entry.
BillionaireModels follows Wall Street's best portfolio managers and finds tactical trading opportunities. Comments are not recommendations to buy or sell. Risk is inherent, please consult with your financial advisor.
I use tight stops, which I adjust daily. I let winners run, but take half off when my goals hit. I only trade from my watch list and if technicals are right. I try to avoid buying when overbought or outside channel.
I've learned the hard way...
CFA, FRM, Math degree - 20+ years of working as Investment risk analyst with Multi-billion dollar firms. "Ask yourself what is your invvesting edge. If you say fundamental or technical analysis pack it in and go home.." - Reggie