Managing Your Losing Trades: 4 Elements to Analyze When You're at a Loss

Traders love to talk about their wins, but it’s the handling of a losing trade that truly tests a trader’s abilities. 

The guys at Sang Lucci are one of the few option trading hedge fund operations that openly talk about both. Their 6,000+ Twitter followers via @sanglucci see a screenshot of their profit and loss statement at the end of every day. 

Sometimes, it has a lot of red in it, and that's how trading goes. 

They are also some of the only educators on the street that talk about the psychology of trading with experience and authority that has led them to educate over 1000 people on trading options. 

Enjoy an inside look at a single losing trade. The guys will show you how to properly manage a losing trade by covering: 

  • What went wrong 
  • How Sang Lucci got out 
  • How they minimized the loss’ impact 
  • And most importantly, the psychological skills that help keep their heads level no matter which way the trade turns 
View this exclusive Marketfy webinar to learn the key four elements of how to manage a losing trade.

Posted to Options and Tape Reading Ma… on Oct 10, 2013 — 6:10 PM
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