Investing and trading is inherently risky. You can lose money no matter how skilled or knowledgeable a trader you are. However, a truly successful trader knows that the secret to managing risk is using stops. BetterTrades coach Ryan Litchfield has penetrating insight into this often under-used tool.
Using a stop is a rational and realistic way to control risk, yet so many traders fail to use them. In this free online class, Ryan helps you understand why it's so difficult to follow through with a stop, even after you make a commitment to do so. In addition, you'll learn:
How a single wording change can help you embrace – rather than avoid – using stops.
How to address different scenarios using more than one stop at a time on a trade.
How employing patterns with stops can work to your advantage.
In this turbulent market, it's crucial to play the market defensively. Using stops as a predetermined action – instead of a panicked reaction – puts you in control of your trades. Register now and find out why using stops is one of Ryan's five crucial skills for successful trading.
Classes are FREE to registered users. The techniques taught in these classes will provide you with the skills to make better trades! You can watch a recorded version of this class NOW or select a scheduled time to participate in a live, online version of the class.