11 Mar March 7th Webinar @ BMT: Trade Management Techniques
This webinar was the 5th of a series that I did by invitation on Big Mike Trading. This video is 2 hours long.
The following are the topics covered:
- What is Trade Management? How is it different than Risk or Money Management?
- Mechanical versus Arbitrary Trade Management
- Holding for a target: How difficult could that be?
- You are only as good as your last trade?
- Being a smart trader and getting smart during trades
- Difference between homework and in-trade analysis
- When does it make sense to move a stop?
- How important is the entry really?
- Checking target location before entering
- Keeping track of what is and isn’t working
- S5 Trade Analyzer*: Seeing inside your trades
* FuturesTrader71 has a business interest in Stage 5 Trading Corp.