Become a Profitable Trader

Everyone is dreaming of becoming a profitable trader. How do you reach this goal? It’s very rare that traders start their career as traders. Usually people become interested in trading when they are stuck in a regular 9 to 5 job and start looking for ways to live independently and financially free. But becoming a professional trader when you spend […]

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When to take profit or losses

take profit is key to trading

Managing Winners Let your winners run is an often heard statement in the financial world. What if the trades turns. Is it better to take profit, so you won’t end up with a looser? When do you take profit? Is there a method or criteria where you can determine that you have enough? I mean who ever has enough, right? […]

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Key to success is Managing Winners

While selling options for premium will help you improve your probabilities of profit, managing winners will be equally important. Have you ever heard of the expression “Key to success is managing winners”. When your trade is making profit what do you do? You often read “Sell your losers and let your winners run.” This endlessly quoted Wall Street adage. Is […]

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