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I like to think of myself as a risk manger first and a trader second.  This ensures that I never forget the importance of a stop-loss when entering any trading position.  If you think that how you manage risk will, in part, define how you succeed in trading, you already understand the importance of limiting your trading losses.

A Stop-Loss In Trading Is Essential

If you're not use a stop-loss to protect your trading account, how do you manage risk? A protective stop-loss exit is essential to long term success

If you think managing your risk while trading is important, you understand the role of your protective stop.  You have the discipline to own your losses when called for by your trade plan.

A Stop-Loss In Trading Is Essential

If you think managing your risk while trading is important, you understand the role of your protective stop. You have the discipline to own your losses when called for by your trade plan.

Find Confluence in Trading Entries And Exits

How To Find Confluence in Trading Entries And Exits

Using confluence for trading entries and exits can increase the probability of a successful trade. Using confluence is a simple process.

Trade Entry - It's Just The Start

It Doesn't Stop At Trade Entries

Trade entries are the start of a trade but exits and risk is where success in trading is.

Imagine for a moment that you have plotted out a trading zone on your chart and that is the area you will need to see price visit before entering a position.  Maybe it’s a confluence of factors such as price pivots, a moving average, measured pullback via Fibonacci and a round number.

Trade Triggers For Entering A Trade

Trade triggers & trade setups are just one aspect of a complete trading system. How you enter a trade is key to risk management and potential profit

The systems at Netpicks, for example Trend Jumper and Counter Punch, are designed to work well without having to do too much extra in terms of trade selection and trade management. They clearly define your entries, targets and stops for each trade.

A Lesson in Getting Trade Management Right

Traders often look to their own risk parameters for trade management instead of market structure. Both should be considered to trade effectively.

Throughout my relationship with Netpicks, I have communicated with many traders and those who entertain visions of becoming a profitable trader.  What is quite staggering is the number of people who are not equipped for the road leading to trading success.

Four Areas In Trading To Cover

Throughout my relationship with Netpicks, I have communicated with many traders and those who entertain visions of becoming a profitable trader. What is quite staggering is the number of people who are not equipped for the road leading to trading success.

Talent wasted is a shame and for many reasons, most people don’t live up to their potential.  That reminds me of trade management.   People will be in a solid trade racing in their favor however at the end of it, they only receive a small market slice.  While you can’t expect to pick off the entire move with any consistency, you probably could pick up more than you currently do.

Trade Management Excellence

Trade management has a direct influence on your trading profits.

Use Stochastic Oscillator The Right Way

How to Profit with the Fast or Slow Stochastic Oscillator The Right Way

Using the Stochastic Osciallator in trading is a great way to measure momentum and trend direction. Either the Fast or Slow Stochastic can suit your needs.

Looking at trading, we can see a lot of resemblance to those who give up at the gym and those that blow up their trading accounts.  New traders flock to forums, course, and often times learn some important trading concepts that may give them a slight edge in the markets.  A slight edge is all you need to make money.

Success Is Dictated By Trading Behavior

Your trading potential has a lot to do with your trading behavior. There are consequences for bad behavior in trading and it usually costs money.

5 Success Principles You Can Work On Today

5 Factors To Success You Can Work On Today

Here are 5 factors that can lead to trading success. These are principles that top sports teams may use to have winning seasons.

I love to receive emails from traders especially when they are talking about something specific I had written.  Even better is when what you have written about has paid off for them.  This is a simple price action trade setup that appears in virtually every single time frame.  The higher the time frame, the longer you may want to consider holding the position.

Failure Test Trade Setup In Action

I love to receive emails from traders especially when they are talking about something specific I had written. Even better is when what you have written about has paid off for them. This is a simple price action trade setup that appears in virtually every single time frame. The higher the time frame, the longer you may want to consider holding the position.

Trade entries are a much talked about trading topic and for good reason.  A trade entry close to a turning point gives a great risk to reward ratio while one that requires confirmation, can lessen the ratio and decrease your position sizing.  The problem is that often times it’s an area of interest you are looking at for your trade entry and not an exact market price.  It’s an area where you expect a change of state in the instrument and perhaps just getting the trade on is the right thing…

Trade Entry Without Confirmation?

Your trade entry can take on many variations. To confirma your trade or not? Use structure as a trade entry.

How much do you really know about price action trading? Did you know that the daily price action in many instruments can offer up solid trading opportunities? What do price action traders do differently? Price action traders analyze price movements to decipher the probability of one thing happening over another

What Price Action Trading Looks Like

Price action trading with the Euro futures symbol shows how price action strategies can aid you in spotting great trading opportunities.

Here Are 2 Quick Ways To Set Your Stop Loss Order

Setting a stop loss order is an important part of protecting your trading account. Discover 2 simple methods to determine a stop level in market conditions.

The Keys To Following A Trading Planhttp://www.netpicks.com/trading-article/whats-key-following-trade-plan/

The Keys To Following A Trading Planhttp://www.netpicks.com/trading-article/whats-key-following-trade-plan/

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