Thursday, December 3, 2009

Trade Management

How well we manage our trade affects our bottom line directly.  Knowing the basis of getting into a trade and thereby determining the criteria when the trade is confirmed by the market and the criteria where the entire setup has or going to fail, is therefore important.

As the trade progress, knowing when to move your stops, and revising your failure criteria would determine how much you can profit from the trade.

0 comments: