Matt Monaco harps on risk management ALL the time. Why? Because he truly believes it's the key to trading success. Tune in to learn how it has helped his trading and how it can help yours!
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⚠️ (**Results not typical or guaranteed. Past performance is not indicative of future returns and financial investing is inherently risky.)
👉Check out Matt Monaco's trades on Profit.ly: https://profit.ly/user/Mono_trader "
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🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ
🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM
🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3
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#StockMarket #Trading #RiskManagement
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
🚨Follow Matt on Twitter: https://twitter.com/mono_trader
⚠️ (**Results not typical or guaranteed. Past performance is not indicative of future returns and financial investing is inherently risky.)
👉Check out Matt Monaco's trades on Profit.ly: https://profit.ly/user/Mono_trader "
🚀 Check out Small Cap Rockets: https://stockstotrade.info/3C9T8XZ
🔴 Ready to learn more? Check out the SteadyTrade Team: https://stockstotrade.info/3zY2bcE
🔴 Try StocksToTrade for $7: https://stockstotrade.info/37hczA8
📲 Download the STT app for iOS: https://apps.apple.com/us/app/stockstotrade-mobile/id1403963724
📲 Download the STT app for Android: https://play.google.com/store/apps/details?id=com.stockstotrade
🔴 Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
👉Share this video with a fellow Trader: https://youtu.be/iwWlfv3ABMc
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: https://stockstotrade.info/37hczA8
🔴Get our FREE weekly watchlist here: https://stockstotrade.info/37gYLFG
🔴Traders Blueprint Free Guide: https://stockstotrade.info/3A56fb8
🔴Check out the SteadyTrade Podcast: https://steadytrade.com
🔴FREE StocksToTrade Market Grind: https://lp.stockstotrade.com/market-grind/
✅ Recommended playlists:
🔴SteadyTrade Podcast: http://bit.ly/2SXbrv7
🔴Stock Trading 101: A Day Trader's Guide: http://bit.ly/2sqs1ZZ
🔴Advanced Stock Trading Tips: http://bit.ly/3a32pTM
🔴Trader Spotlight with Tim Bohen: http://bit.ly/36TTzG3
🔴StocksToTrade Software Tips and Tricks: http://bit.ly/375GSry
🔴Weekly Trading Recap Videos: http://bit.ly/3a32uXA
🔴Charts and Patterns: http://bit.ly/2uj2KBO
✅ Follow StocksToTrade on social media:
Instagram: https://www.instagram.com/stockstotrade/
Facebook: https://www.facebook.com/StocksToTrade/
Twitter: https://twitter.com/StocksToTrade
#StockMarket #Trading #RiskManagement
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
So when it comes to risk reward to determine when to cut a loss and take gains. A 3-1 risk reward based off a $1 stock. $.90 is my stop loss. ($.10) $1.30 is my target ‘reward’. ($.30) What if it goes to $1.25, but starts trending downward and potentially goes back to the stop loss. How do you let that $1.30 number go?
Because we all know it’s going to bounce and hit our target 🤔🙄
Excellent video and content as always by the way! Keep it up!!💪🏻
Facts. Got to watch out for those commissions and fees to hahaha
How do you properly gauge a 3:1 profits to loss ratio. For example, if a stock is spiking post/pre market and no clear support level is seen what is the thought process to manage risk?
This is such an important topic and isnt spoken about enough, it takes time to understand your personal balance of risk reward
My question on risk management is how to keep it so small? When it breaks my trend line support, it can snap past it so fast that the loss is sometimes 5% up to 8%.
It’s hard to tell if the price action is gonna actually snap past my support or it’s just dancing around it for a bit before it does take off. Which has happened to me quite a bit after taking my 1-2% loss.
Thanks for all the advice and videos Matt. I watch every one 🐐
At what percentage loss or gain do you recommend sell? I normally stick to 10% in either direction, but I find myself feeling stressed a lot when I see the trade going red. Is 5% a large enough margin to still profit or get out?
Say I want to have my risk level with a .10 cent stop. Is it better to use a mental stop and hit the flatten button at that level, or should I put a stop limit, or stop market order there? Also how do you guys determine how wide of a stop to use?
My biggest challenge is when to sell it. I understand you need to set a goal but if stock is volatile and have catalysts to go up, It becomes a challenge. I have lost couple of opportunities to make profits due to my inability to sell at the right time.
Need help, bought $phil for a morning panic dip buy….. then it didn’t bounce and I was thinking maybe it can go red to green….. first buy was at .0082… once it didn’t bounce or go red to green I averaged down as much as I can….. should I have cut it right after my first buy?
I could not agree with you more. You are the best Matt