Back Pocket Knowledge - Before You Learn How To Win... You Must Learn How To Lose! Setting A Max Loss

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The Wealth Whales Day Trading Podcast

The Wealth Whales

28 episodes

3 days ago

This podcast is for anyone who wants to learn how to day trade the correct way. We're pulling back the curtain on Wall Street, giving you tips and tricks of what Wall Street traders use to crush the market every single day. And if that isn’t enough, we give you tips on how to improve your financial situation and get to the next level.

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Back Pocket Knowledge - Before You Learn How To Win... You Must Learn How To Lose! Setting A Max Loss

The Wealth Whales Day Trading Podcast

28 minutes 13 seconds

2 years ago

Back Pocket Knowledge - Before You Learn How To Win... You Must Learn How To Lose! Setting A Max Loss

For Day Traders by Day Traders! Available on all Podcast platforms

Most traders put all their effort into trying to learn how to win. They research lagging indicators, they research patterns, they research supply and demand, and these things don't work. They have no plan in place, for if and when they take a loss. They become shell shocked or frozen in the trade. Has that ever happened to you? In This back pocket knowledge, we discuss what a max loss is, how to develop a plan for max loss, and how to use it to execute better trades to come out of the green. Listen carefully and enjoy

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