Money Management and Stop Loss Placement
By Neal Hughes “FibMaster”
Determine optimum stop placement. Stay in good trades, but exit the bad ones.
Learn to use Fibonacci techniques and simple indicators to position your stops correctly.
What you will learn:
Money Management
- Think like a casino (not a gambler).
- Calculate your tolerable risk level.
- Plan for survival. (Most traders don’t).
- When is it time to increase your risk?
- Why money-stops fail.
- How to manage your capital so you can survive to reach success.
Stop Loss Placement
- Four key components of the stop placement decision.
- What to do if the optimum stop is too far away.
- Time stops, how to save a lot of money!
- Using stops to capture a profit.
- Advanced techniques using Fibonacci and indicators to determine optimum stop placement.
- Identify when a close stop is risky, or advisable.
- When to use a closer stop.
- How timing can effect your stop placement.
- How to improve your odds by combining different techniques.
- Allow enough room for the trade to develop, but take excessive risk.
Includes:
- Slide show in 2-parts
- Computer-based videos
- Charts of sample trades
You can download this video seminar to your hard drive today. Click here to order!
Sample Charts:
“When to Use a Close Stop”
“Using Profit Exit as an Entry and Stop”
