Matt Monaco's money Monday wasn't off to a great start... So, what exactly should you do when you're having an off trading day?
Take a trading timeout! 🛑
Tune in as Matt explains when and why you should step away from the stock market.
🚨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.com/small-cap-rockets/
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🔴Traders Blueprint Free Guide: https://stockstotrade.info/3i5IoSz
🔴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
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*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.
Take a trading timeout! 🛑
Tune in as Matt explains when and why you should step away from the stock market.
🚨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.com/small-cap-rockets/
🔴 Ready to learn more? Check out the SteadyTrade Team: https://stockstotrade.info/2WsPSHb
🔴 Try StocksToTrade for $7: https://stockstotrade.info/373f8pm
📲 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/ZiqL3pgV318
✅ Links we mention and recommend:
🔴Try StocksToTrade for $7: hhttps://stockstotrade.info/373f8pm
🔴Get our FREE weekly watchlist here: https://stockstotrade.info/3y82otu
🔴Traders Blueprint Free Guide: https://stockstotrade.info/3i5IoSz
🔴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 #Stocks #TradingTips
*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.
Yep, It's always those single big losing days that can ruin your week of profits. Always have a daily stop, or learn to step away when the market environment isn't working with you. Preserve your capital, and come back the next day.
I did the exact same thing as you yesterday but I took no timeout.. I overtrade massively… If I was in the right mindset I would’ve had a good day! Very, very useful tip! Knowing how to trade isn’t the hard part, it’s knowing how to keep your headspace thinking straight.
'Rage quit'😅 I love it. It's better than trading angry, huh?
Thanks for this tip. I actually had to do that today. I have been trying to regain hundreds that I lost on a trade this last week. I thought I had a great trade, only to find that it dipped. I lost even more today. Later, a catalyst came out, and that trade that I had lost in, went up. It was a tough day for me. But taking a time out is definitely sometimes the right thing to do.
Sounds so simple but definitely the right thing and hardest thing to do. When we are down we always want to try to recover the losses by trading more and usually will end the day horrible. Great tip! Thanks Matt!
Good stuff! Thanks for the insights. Did the same thing today as well. Better luck tomorrow 🤙