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[Previous entry: "Questions about gold, time-frames and Fibonacci."] [Main Index] [Next entry: "Real Estate - market sector update"]
03/10/2006 Archived Entry: "Taking Profits, a logical way!"
Even in strong bullish markets, many traders have difficulty taking profits. Human nature makes trading very challenging. Sometimes you want to exit a trade too quickly when it goes against you, and to cling on to a winner too long. Too often a winning trade will reverse, taking back most of your profits, or even going into a loss. On the other hand if you exit too soon, you risk missing some big profits. You may find that you're sitting on the sidelines while the market continues well beyond your exit. Taking Profits, a logical way! In this lesson I'll show you how to bank those profits before they turn against you. To see the complete lesson, visit: http://www.traderzine.com/ Best wishes,
-Neal Hughes (FibMaster).
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